Major Asian indices logged gains today. Singapore’s Straits Times index rose 0.68 per cent, China’s Shanghai Composite Index jumped 0.66 per cent, Japan’s Nikkei gained half per cent, Hong Kong’s Hang Seng Index added over 0.4 per cent and South Korea’s Kospi was 0.12 per cent up.

Major European Indices were trading in negative territory. France’s CAC 40 fell over 1.2 per cent, Germany’s DAX shed over 1.1 per cent and London’s FTSE was trading over 0.4 per cent down when reports last came in.