Asian share markets have bounced back after seeing a sharp sell-off on Wednesday in the immediate aftermath of Donald Trump's US election victory, BBC reports.

 

Thursday's rally followed rises in Europe and the US, as the market meltdown many had anticipated failed to materialise. Japan's Nikkei 225 index soared 5.7%, more than recovering losses from the previous session. Hong Kong's Hang Seng index added 1.8% with Australia's ASX index up 2.8%.

 

Traders had expected Hillary Clinton to become the next US president. His victory initially sent money flowing into safe haven stocks, gold and currencies including the yen. But despite the Asia market slide on Wednesday, the major US markets all rallied robustly during the day and closed more than 1% higher.

 

Photo: AP

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