Asian shares rise
27 April 2015, Nirapad News: Chinese stocks led Asian shares to seven-year highs. The CSI300 index, which has almost doubled since late October, closed 2.2 per cent higher. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6 per cent.
Stocks in China and Hong Kong rose to fresh seven-year highs on Monday morning. The CSI300 index rose 1.2 per cent to 4752.026 points at the end of the morning session, while the Shanghai Composite Index gained 1.9 per cent at 4475.686 points.
The Hang Seng index was up 1.3 per cent, at 28426.72 points, while the Hong Kong China Enterprises Index rose 0.9 per cent to 14619.91 points. Australian shares surged to a seven-year closing high. The S&P/ASX 200 index rose 0.8 per cent or 49.4 points to 5,982.7.
The benchmark rose 1.5 per cent in the previous session. New Zealand’s benchmark NZX 50 index, edged up 7.4 points or 0.1 per cent to finish the session at 5765.4. The dollar was up 0.2 per cent at 119.18 yen and flat against the euro at $1.0872. Brent crude oil prices held near a 4 1/2-month high above $65 a barrel. Spot gold stood at $1,183 an ounce, according to Reuters.