Australian shares touch 7-Year high

GMT 17:59 2015 Monday ,02 March

Arab Today, arab today Australian shares touch 7-Year high

Asian stock markets
Sydney - QNA

Australian shares reaped big gains (+0.8%) Monday in Asia to reach a seven-year high riding on China's rate trim.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent. Tokyo's Nikkei crawled up 0.3 percent and Chinese and South Korean stocks also posted comparable modest gains.
The weekend easing only had a limited effect on the region's overall markets with the dollar reaching a five-week high against the euro.
The Aussie dollar climbed to $0.7850 early in the session before impact from the China rate cut faded and was last trading at $0.7771, down 0.5%.
US dollar was up 0.1% at 119.87 yen after rising to a three-week high of 119.955. It gained about 0.6% last week when upbeat US data helped revive prospects of an early interest rate increase by the Federal Reserve.

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab