Tuesday, 22 December 2015

Asian shares edge up

Asian shares took solace from gains on Wall Street and edged higher on Tuesday, though gains were capped by caution over low share trade volume and plunging Brent crude oil prices ahead of this week's holidays. 

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS inched 0.1 percent higher in early trade, after Wall Street logged solid gains overnight following a losing week.

 Japan's Nikkei stock index was down 0.2 percent in early trade US and most European markets will close on Friday for Christmas.

 While Christmas is not a public holiday in Japan, markets will be closed on Wednesday to observe the emperor's birthday. 

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