Recovery on Asian markets

Asian markets closed today’s session with good gains after the sharp drop on Monday.

 The stabilization on Wall Street tonight is perhaps an important reason for the recovery. 

However,the  trading volumes were weak as the stock exchanges in Japan were closed for a national holiday.

The leading stock index in Shanghai would reverse in the last minutes of trading. Finally the banking sector managed to pull the value of the benchmark to the level of 3186.32 points or an increase of 0.94%.

Australia's S&P ASX 200 rose 0.74 percent after the Monday’s collapse. The value of the index reached a level of 5 103.35 points.

Among the big winners in Asian trade turned out to be the oil companies. Shares Santos and Oil Research rose more than 4%. Shares of Woodside Petroleum closed the session  with a growth of 2.8 percent.

An increase of almost 0.9% recorded and South Korea's Kospi  which reached 1 982.06 points. 

This was also fueled by the appreciation of the shares of car companies Hyundai and Kia.