This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-30595155
The article has changed 4 times. There is an RSS feed of changes available.
Version 2 | Version 3 |
---|---|
Asian shares higher after record US market gains | Asian shares higher after record US market gains |
(35 minutes later) | |
Asian shares traded higher on Wednesday, taking the lead from Wall Street where shares closed at a record level overnight. | Asian shares traded higher on Wednesday, taking the lead from Wall Street where shares closed at a record level overnight. |
The Dow Jones finished over 18,000 for the first time after data showed the US economy grew at its fastest pace in 11 years in the third quarter. | The Dow Jones finished over 18,000 for the first time after data showed the US economy grew at its fastest pace in 11 years in the third quarter. |
The economy grew at an annual rate of 5% in the quarter, up from a previous estimate of 3.9%. | The economy grew at an annual rate of 5% in the quarter, up from a previous estimate of 3.9%. |
The momentum helped Japan's Nikkei gain 1.2% to 17,854.23 points. | |
That closing level was its highest in two and half weeks after the benchmark index was closed for a public holiday on Tuesday. | That closing level was its highest in two and half weeks after the benchmark index was closed for a public holiday on Tuesday. |
Sony's shares were up 4% after its Hollywood studio said it would screen comedy The Interview in some US cinemas on Christmas Day, having initially cancelled the release. | |
The Japanese markets are open for trading on Christmas Day. | |
Light trading | Light trading |
In China, shares fell back, with the Shanghai Composite ending the day 1.9% lower at 2,973. | |
In Hong Kong, the Hang Seng finished up 0.1% to 23,349.34 in a half-day trading session. | |
In Australia, the S&P/ASX 200 index ended up 0.3% to 5394.5 in light trading, closing up early at midday for the Christmas holiday. | In Australia, the S&P/ASX 200 index ended up 0.3% to 5394.5 in light trading, closing up early at midday for the Christmas holiday. |
In South Korea, the benchmark Kospi index closed 0.4% higher at 1,946.61. | In South Korea, the benchmark Kospi index closed 0.4% higher at 1,946.61. |
Shares of Hyundai Motor jumped as much as 4% on hopes that the automaker would raise its dividend payouts. | |
The Hong Kong, Australian and South Korean markets will be closed for the Christmas holiday on Thursday. | The Hong Kong, Australian and South Korean markets will be closed for the Christmas holiday on Thursday. |