Asian markets resilient as hopes for a blue wave fade

Singapore

MOST Asian markets displayed unexpected resilience, logging gains on Wednesday as they moved from trading a "blue wave" that failed to pan out to a possible "Trump trade" amid the nail-biting suspense of the too-close-to-call US election, easily the year's biggest event.

But even as regional markets seemed largely at ease with how things were going, pundits said that may not last in the absence of a decisive winner or if the results are disputed, which seems likely the case now.