The Traderszone Network

Published in TZ Latest News 23 June, 2014 by The TZ Newswire Staff

Asian shares creep higher, encouraged by global data

Asian shares clinched slender gains on Tuesday as improved manufacturing data from China, Japan and the United States augured well for global growth, despite a disappointing result from the euro zone. Though moves were modest as markets slipped into something of a summer lull, MSCI’s broadest index of Asia-Pacific shares outside Japan managed to gain 0.3 percent. Japan’s Nikkei lagged by losing 0.36 percent, but South Korea outperformed with a rise of almost 1 percent, led by Samsung Electronics Co Ltd and Hyundai Motor Co.

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