Tuesday, 12 April 2016

ASIAN MARKET NEWS 13 APRIL 2016

Asia markets traded higher on Wednesday morning, after a rise in oil prices powered gains in US equities overnight. Australia's ASX 200 was up 1.18 percent in early trade, boosted by advances in the heavily-weighted financials subindex, up 1.07 percent.
The energy and materials subindexes were also up 2.81 and 2.76 percent respectively.
In Japan, the Nikkei 225 advanced 1.42 percent, buoyed by relative weakness in the yen against the dollar. The dollar/yen pair traded at 108.64 as of 8:56 a.m. HK/SIN time, marginally higher from 108.53 in the previous session.


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