empty
 
 

2017.08.1504:08:00UTC+00Asian Markets Higher on Subsiding Risk Aversion

Equities in Asia finished higher on Tuesday, as markets benefited from Wall Street's firm lead as well as dwindling down risk aversion.

Japan's benchmark Nikkei 225 climbed 1.11 percent to 19,753.31 as the U.S. dollar firmed versus the yen.

Australia's S&P/ASX 200 rose 0.47 percent to 5,757.500. The index was propelled by gains in the information technology, telecommunication services and Australian real investment trusts sub-indexes. The heavily-weighted financials sub-index advanced 0.45 percent.

Hong Kong's Hang Seng Index was 0.03 percent lower in afternoon trade. China's Shanghai Composite rose 0.44 percent to 3,251.64 and the Shenzhen Composite gained 0.400 percent to 1,887.2833.

Investors looked past geopolitical tensions between the United States and North Korea, which has clouded markets for the majority of last week.

The dollar index stood 93.717.

In corporate news, Toshiba finished 3.83 percent higher as Citi analysts upgraded the Japanese company to "buy/high risk" from "neutral". Shares of Toshiba continue to be a “risky investment”, however, the possibility of delisting has been reduced, according to an Aug. 14 note.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback