Epic Asian Markets Update

Asia rose for the second day after reports showed that US consumer confidence climbed to highest level since 2008 and home values jumped the most in seven years boosting the outlook for exporters.

Exporters like Toyota and Nissan gained in trade. The yen has weakened further this morning.

China’s Shanghai Composite was up 0.13 percent or 3.12 points at 2,324.43.

Singapore’s Straits Times rose 0.15 percent or 5.19 points at 3,411.27.

South Korea’s Seoul Composite added 0.47 percent or 9.35 points at 1,995.57.

Taiwan’s Taiwan Weighted advanced 0.62 percent or 51.37 points at 8,314.42.

However, Hong Kong’s Hang Seng shed 0.62 percent or 141.02 points at 22,783.23.

Japan’s Nikkei was down 0.15 percent or 21.83 points at 14,290.15.

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