Asian stocks rebound following gains in US and Europe  


Sep 22, 2015 (LBO) – Asian indices rebounded after heavy losses Monday following gains made in Wall Street as well as European stocks, foreign media reports said.

Chinese markets opened higher, with the Shanghai Composite up 0.88 percent to 3,184 points while  Hong Kong’s benchmark Hang Seng index gained 0.77 percent.

Korea’s benchmark Kospi index is up 0.32 percent at 1,970 points.

Japanese markets were closed, with three-consecutive bank holidays taking place from Monday through Wednesday.

Australian benchmark S&P/ASX 200 index staged a solid comeback after an over 2.5 percent drop on Monday with the index gaining 0.57 percent to 5,095 points.

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