Friday 2 August 2013

Todays Asian Markets Update 2 August 2013



Asian shares advanced on Friday morning after brisk US factory activity data and a commitment to easy monetary policy by European central banks and the Federal Reserve buoyed Wall Street to record highs overnight, reported Reuters. China’s Shanghai Composite rose 0.39 percent or 7.92 points at 2,036.99.Hong Kong’s Hang Seng added 0.47 percent or 104.50 points at 22,193.29.Japan’s Nikkei gained 1.80 percent or 251.80 points at 14,257.57.Singapore’s Straits Times was up 0.35 percent or 11.49 points at 3,254.78.South Korea’s Seoul Composite advanced 0.60 percent or 11.43 points at 1,932.17.Taiwan’s Taiwan Weighted was up 0.87 percent or 69.86 points at 8,126.08.

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