Epic Research

Wednesday, February 12, 2014

Epic Research Update : Asian Markets

ASIAN MARKETAsian stocks gained on Wednesday after Federal Reserve Chair Janet Yellen reassured Wall Street that the Fed would continue to provide monetary stimulus to bolster the economy.

China’s Shanghai Composite was down 0.23 percent or 4.84 points at 2098.83. Hong Kong’s Hang Seng added 1.78 percent or 383.72 points at 21,962.98.

Singapore’s Straits Times advanced 0.39 percent or 11.90 points at 3,029.10. South Korea’s Seoul Composite gained 0.46 percent or 8.76 points at 1,932.06.

Taiwan’s Taiwan Weighted was up 0.46 percent or 38.61 points at 8,430.56. Japan’s Nikkei added 0.93 percent or 137.44 points at 14855.78.

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