Tuesday, 10 February 2015

Asian shares mostly weaker with investors turning attention to Greece

Asian shares held mostly weaker on Wednesday as Greece remained a concern for investors.

The S&P/ASX 200 fell 0.52%, while the Hang Seng index eased 0.78%. The Shanghai Composite however rose in the afternoon by 0.21%.
Greece's Parliament approved the government's economic plan in a vote late Tuesday that sets up a showdown with country's international
creditors beginning this week in Brussels.
With 162 'yes' votes against 137 'nos' with one absentee lawmaker, Prime Minister Alexis Tsipras earned approval for a plan that rolls back many of the austerity measures agreed by the former government of Antonis Samaras.
Japanese markets are closed for a public holiday. Elsewhere, another series of Chinese data releases are expected to generate interest today.
China's January new loans, money supply and total social financing data are due, but there is no fixed time.
Read more Click here / www.trade4x.net

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