Thursday 3 March 2016

Stock Market Live Updates: Asia shares score seven-week peak

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Asian shares were trying to string together three sessions of gains on Thursday as upbeat data on US jobs and gains for a range of commodities whetted risk appetites globally. 

Notably, oil shrugged off record high US crude stockpiles as investors chose to focus on an OPEC plan to freeze production, keeping alive talk the market had bottomed from a near two-year selloff. 

Early Thursday, US crude CLc1 was up 3 cents at USD 34.68 a barrel, after Brent LCOc1 ended 25 cents firmer at USD 37.06.

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