Asian shares make slight gains, Australian Banks mostly up
- Asian Market
- 5 days ago
Asian markets saw a slight recovery however were still sheepish after the U.S. Federal Reserve hinted that it might delay the increasing of interest rates for the time being.
Chinese markets, were a tad higher in the morning session, the Shanghai composite rising by a mere 0.117%.
Hong Kong’s Hang Seng was up 0.27% while the Japan’s Nikkei and the Topic index made up for previous losses they went up 0.47% and 0.40% respectively.
South Korea’s KOSPI was up 0.3% as chipmaker SK Hynix’s shares went up 1.67% recovering from yesterday’s dark day for global chipmakers.
Over in Australia the ASX200 gained 0.38% along with the “Big Four”.
The Commonwealth Bank of Australia was up 0.90%, Westpac rose to 0.12%, New Zealand and Australia banking group however lost ground and dipped 0.25%.
Source: Smart Trend Team