- Asian shares rose on Friday following a firmer finish on Wall Street and as investors awaited a meeting of Group of 20 finance leaders that will likely offer words of reassurance, even if little in the way of actual policy stimulus. Japan's Nikkei .N225 rose 1.5 percent to break chart resistance and reach a two-week top.
On Wall Street, the Dow .DJI rose 1.29 percent, while the S&P 500 .SPX added 1.14 percent and the Nasdaq.
- US equities closed at the session highs following a late recovery for oil prices which finished about 3%higher following the Venezuelan oil minister saying that the South American country as well as Russia, Saudi Arabia and Qatar will meet next month.
- European shares posted solid gains, boosted by better than expected profit results. The FTSEurofirst 300 Index climbed 2%, the German Dax rallied 1.8% whilst the UK FTSE lifted by 2.5%.
Reference: Reuters, MKS Group
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