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20 Sep 2013
Asian equities wave weekly good-byes with wins
FXstreet.com (Chicago) – Asian equities are closing one of the most awaited weeks in four years registering wins. After the surprising “no-tapering” decision by the US Federal Reserve and a FOMC economic outlook rather negative for the American economy, most markets rallied throughout the world.
Up 0.19%, the Nikkei 225 rises for the third consecutive day this week and is set for the largest weekly advance since April, according to Bloomberg. In China, the markets are closed on mid-autumn holiday celebration but it is worth recalling the Shanghai closed the week up 0.29% similarly to the Hang Sen 40 printing 1.67% gains. In India, the Sensex trades stronger 3.43% while the IDX in Indonesia prints the highest wins among Asia with 4.65% gained. The Korean Kospi is flat followed by the Australian S&P/ASX 200 down 0.35%.
Up 0.19%, the Nikkei 225 rises for the third consecutive day this week and is set for the largest weekly advance since April, according to Bloomberg. In China, the markets are closed on mid-autumn holiday celebration but it is worth recalling the Shanghai closed the week up 0.29% similarly to the Hang Sen 40 printing 1.67% gains. In India, the Sensex trades stronger 3.43% while the IDX in Indonesia prints the highest wins among Asia with 4.65% gained. The Korean Kospi is flat followed by the Australian S&P/ASX 200 down 0.35%.