Published:
Asian markets trade stronger prior to G20 summit
Big movers were Hong Kong and Taiwan markets, followed by Thailand.
RBS noted (for 15 June 2012 trading – noon):
Asian markets traded stronger ahead of Greece elections on Sunday and G20 meeting early next week. Sentiment was supported by the speculation of a coordinated policy response at the G20 summit.
Big movers today were Hong Kong and Taiwan markets, as the Hang Seng and TAIEX gained 1% each. Thailand followed, up 0.8%.
In a volatile session, China stocks were marginally higher at press time. Gains for other bourses were capped at 0.5%. Korea and Philippines underperformed the region, down 0.6% and 0.3% respectively.
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