Wednesday, 13 January 2016

Share tips : Asian shares crept off 4-year lows 13 Jan, 2016


Asia market updates & Share tips : Asian shares crept off four-year lows on today as China's efforts to stabilize its currency brought a moment of calm to equity markets, even as oil marked a sorry new milestone under USD 30 a barrel.

Market updates : Nikkei of japan jumped 1.8 per-cent from a near-one-year trough. Australian stocks eked out a 0.4 per-cent increase while South Korea put on 0.7 per-cent. Gains were cautious with MSCI's broadest index of Asia-Pacific shares outside Japan inching up 0.25 per-cent and away from its weakest since late 2011.

Investors were again keeping eye where the People's Bank of China sets the yuan after 2 meetings of firm fixes.

Read More : Share tips

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