Asian shares starting this week with an incline


(MENAFN– ecpulse)

Asian shares rose in today`s session along with expectations saying the U.S government will cut stimulus measures next months, as data showed U.S home sales dropped. The MSCI Asia Pacific Index rose 0.3 percent to record 131.79 as of 10:55 AM in Tokyo.

Moreover, China Petroleum & Chemical Corp rose 1.2 percent, after reporting a 24% increase in first half income. Newcrest Mining Ltd inclined 7.2 percent, while Tokyo Electric Power Co fell 8.5 percent.

Japan`s Topix index climbed 0.2 percent in today`s session, while Australia`s S&P/ASX 200 rose 0.5 percent. New Zealand`s NZX 50 gained 0.4 percent, and South Korea`s Kospi index inclined 0.8 percent.

 


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