LIVE MARKET UPDATE

Tuesday 11 March 2014

Asian Market commentary

 
Japan’s Nikkei average gained on Tuesday, reflecting hopes that the Bank of Japan could signal later in the day its readiness to adopt more stimulus, although most investors do not expect the BOJ take any action yet.
Coal and oil companies led gains after they were heavily sold on Monday, in a possible sign of short-term trade dominating the market as caution over a slowdown in China and Ukraine tensions kept many investors on guard.
The Nikkei average rose 0.5 percent to 15,198.44, recouping about a half of its losses on Monday to edge near a five-week high of 15,312.60 hit on Friday.

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