Wednesday, 18 November 2015

Nikkei jumps at open, Kospi up as ASX slides| Equity Market Tips

Asian shares opened higher on Wednesday, with Japan's Nikkei 225 leading gains even as investors remain cautious over the latest global geopolitical developments in the wake of the Paris terror attacks.

Local stocks got a lackluster lead from
US markets. Wall Street's Monday rally was short-lived, with the major averages giving up intraday gains that briefly took the S&P 500 into positive territory for the year and pushed the Dow Jones industrial average up more than 100 points on the back of solid earnings reports from Home Depot and Wal-Mart. 

The DJIA closed up 0.04 percent at 17,489.5 points, the S&P 500 down 0.13 percent at 2,050.44 and the Nasdaq up 0.03 percent at 4,986.02.

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