Wednesday, 20 January 2016

ASIAN MARKET NEWS 21 JANUARY 2016

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 percent. Japan's Nikkei added 0.5 percent after plunging 3.7 percent in the previous session to a 14-1/2 month closing low.
On Wall Street, major indexes finished with declines of more than 1 percent, though they were well off lows of more than 3 percent.
US crude for February delivery, which expired at the end of the day, slid 6.7 percent to settle at USD 26.55. New front-month March futures CLc1 fell nearly 4 percent on the day to close at USD 28.35 a barrel, but were up 1.3 percent in early Asian trade at USD 28.73.

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