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Asian shares firm in countdown to China data

Australian shares firmed 0.4 per cent, while Japan's Nikkei dithered either side of flat

Reuters  |  Sydney 

Asian shares inched ahead on Wednesday after Wall Street got a lift from encouraging corporate earnings and investors wagered an imminent barrage of Chinese data would confirm the economy had at least stabilised. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 per cent, on top of a jump of 1.4 per cent on Tuesday. Australian shares firmed 0.4 per cent, while Japan's Nikkei dithered either side of flat. All eyes were on the Chinese gross domestic product (GDP) report due at 0200 GMT. While there are some doubts about the reliability of the ...

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First Published: Wed, October 19 2016. 07:03 IST
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