Epic Research

Tuesday, March 28, 2017

Asia markets shrug off Trump concern to climb higher

Asian Market 1
Asia markets gained on Tuesday morning as investors shrugged off the disappointment from the current US administration’s ability to push through legislation to repeal and replace the Obama-era health-care law.

Japan’s Nikkei 225 rose 0.82 percent, recovering most of its losses of 276 points, or 1.44 percent, seen yesterday.

In South Korea, the Kospi was up 0.28 percent, after the country revised its fourth-quarter gross domestic product up 2.4 percent year-on-year, from the 2.3 percent expected gain. For the full year, the economy grew by 2.8 percent, expanding at a similar rate to 2015, Reuters reported.

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