Epic Research Update : Asian Markets

Asian equity markets rebounded on Wednesday after an aggressive rate hike from the Turkish central bank soothed worries over volatility in emerging markets.

China’s Shanghai Composite rose 0.41 percent or 8.44 points at 2,046.96 and Hong Kong’s Hang Seng gained 0.84 percent or 185.10 points at 22,145.74.

Japan’s Nikkei jumped 1.74 percent or 260.14 points at 15,240.30 and South Korea’s Seoul Composite added 0.63 percent or 12.05 points at 1,928.98. However, Singapore’s Straits Times was down 0.20 percent or 6.23 points at 3,056.18.  Taiwan’s Taiwan Weighted is shut today.

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