China Adding Stimulus Emboldens Asia Stock Traders to Hit 'Buy'
Tuesday, 15 January 2019 17:25 WIB | MARKET UPDATE |MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik

A day after Asian markets fell, investors found a reason to buy shares: China's promised more measures to help support its slowing economy.

That sent markets across the region higher, led by Hong Kong and Shenzhen bouncing back to recover from Monday's losses. South Korea, Singapore, Taiwan and India also posted solid gains, and Japan reopened in positive territory after a holiday.

The benchmark MSCI Asia Pacific Index advanced as much as 1.1 percent to hit an almost six-week high, while S&P 500 Index futures climbed as much as 0.8 percent at one point.

South Korea's Kospi index up 1.6%; Kospi 200 up 1.9%, Australia's S&P/ASX 200 up 0.7%; New Zealand's S&P/NZX 50 little changed, Taiwan's Taiex index up 1%.

Singapore's Straits Times Index up 1.2%; Malaysia's KLCI up 0.2%; Philippine Stock Exchange down 0.1%; Jakarta Composite up 1.1%; Thailand™s SET down 0.5%; Vietnam's VN Index up 0.9%.

Source: Bloomberg

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