SINGAPORE | Asian markets rally ahead of US Fed rate hike

25Sep - by Editor - 0 - In STL.News



SINGAPORE  — Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year.

KEEPING SCORE: Japan’s Nikkei 225 rose less than 0.1 percent to 23,953.98. Hong Kong’s Hang Seng index, which reopened after a holiday, jumped 1.5 percent to 27,914.26. The Shanghai Composite Index rallied 1.4 percent to 2,818.88. Australia’s S&P ASX 200 added 0.1 percent to 6,192.30. Shares fell in Taiwan but rose in Singapore and Indonesia.

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