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Overnight Markets: Wall Street jumps on M&A deals
Markets
by Himanshu Singh on Feb 20, 2013 at 04:35
In Asia, shares gained on Wednesday amid signs the world economy is recovering.
The MSCI Asia Pacific Index added 0.8% to 135 as of 12:51 p.m. in Tokyo. Japan’s Nikkei 225 Stock Average gained 0.7% even after the government reported a record trade deficit in January. South Korea’s Kospi Index added 1.6%.
Australia’s S&P/ASX 200 Index advanced 0.3%. Hong Kong’s Hang Seng Index added 0.3% and China’s Shanghai Composite Index fell 0.1%.
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Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
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