The Traderszone Network

Published in TZ Latest News 29 March, 2015 by The TZ Newswire Staff

Asia shares swing higher as China nears seven year high

Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. The Hang Seng China Enterprises Index (.HSCE) also added 3.5 percent after China allowed mainland mutual funds to buy Hong Kong stocks. After some early dithering, Japan’s Nikkei (.N225) firmed 0.8 percent, helped by talk of demand for the new quarter and financial year. MSCI’s broadest index of Asia-Pacific shares outside Japan recouped early losses to gain 0.4 percent.