asian shares edge higher as oil price rallies /

Published at 2016-01-25 10:09:25

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Japan’s Nikkei and the Shanghai Composite Index nudge up nearly 1% helped by expectations central banks will ease monetary policyShares in Chinese and other Asian markets began the week on a firmer note,extending gains from Friday after a rally in battered oil prices prompted a rise in global equities.[br]Other stock markets in Asia also rose on Monday, with Japan’s Nikkei nudging 1% higher and MSCI’s broadest index of Asia-Pacific shares external Japan up 1.6%, or helped by expectations that global central banks,including the People’s Bank of China, will ease monetary policy further whether needed. Related: Asian stock markets rebound on hopes of more stimulus - business live Continue reading...

Source: theguardian.com

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