Tuesday, March 5, 2013

Asian markets rebound, Shanghai leads gains





Asian markets climbed on Tuesday following a big sell-off in the previous session, with Shanghai leading the rebound as China’s annual parliamentary gathering kicked off.


Traders also took heart from a rally on Wall Street that saw the Dow close within sight of a record high.


Tokyo added 0.27 per cent, or 31.16 points, to 11,683.45 and Seoul advanced 0.17 per cent, or 3.46 points, to 2,016.61, while Sydney jumped 1.29 per cent, or 64.9 points, to close at 5,075.4.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1179570/asian-markets-rebound-shanghai-leads-gains

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