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Wednesday, January 7, 2015

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets

The selloff in Asian equity markets extended, albeit modestly, early Wednesday, tracking a lower finish on Wall Street overnight as the hunt for a bottom in oil prices continued, while worries that Greece may exit the euro zone dented sentiment.

Japan’s benchmark Nikkei 225 edged down modestly early Wednesday, after closing at a near three-week low in the previous session on the back of declining oil prices and a strengthening yen.

South Korean shares opened at a three-week low, but losses were limited as some heavy-weighted stocks advanced.

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