Wednesday, 30 December 2015

Asian Stocks Take heart from Overseas Gains

Asian shares glided higher in early trading on Wednesday, taking their cues from overseas gains, although investors are cautiously watching to see whether renewed selling in crude oil futures will dent sentiment. 

"After a strong US and European session, Asian markets are all looking for further gains today," Angus Nicholson, market analyst at IG in Melbourne, said in a note to clients. 

"Volumes have been very light at the moment, but that has seemingly been positive news for markets across the region," he said.

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