Epic Asian Markets Update

Asian markets bounced back on Tuesday, after seeing a fall in previous session due to China’s liquidity woes. Hong Kong’s Hang Seng rose 132.54 points or 0.67 percent to 19,946.52.

Japan’s Nikkei 225 Average was up 108.50 points or 0.83 percent to 13,171.28 and South Korea’s Kospi Composite Index gained 7.35 points or 0.41 percent at 1,806.36.

Singapore’s Straits Times Index climbed 22.88 points or 0.74 percent to 3,097.19 and Taiwan Weighted rose 5.95 points to 7,763.98.

However, China’s Shanghai Composite touched a 4.5-year low in morning trade, but recovered some of its losses later on. It was trading at 1,951.13, down 12.10 points or 0.62 percent.

 
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