Asian-Pacific markets rise despite U.S. GDP contraction

06/26/2014 | CNBC · Economic Times (India), The

Asian-Pacific markets posted solid gains Thursday, despite revised U.S. gross domestic product data indicating that the economy contracted 2.9% in the first quarter. Japan's Nikkei 225 rose 0.3%. Hong Kong's Hang Seng Index gained 1.5%. Australia's S&P/ASX 200 added 1.2%. China's Shanghai Composite and South Korea's Kospi each moved up 0.7%. India's Sensex was down 0.6%.

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CNBC · Economic Times (India), The

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