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Wednesday, April 22, 2015

Epic Research Update : Asian Markets


Epic Research Update : Asian MarketsWall Street set the mood overnight, with some US stock indices failing to hold momentum from Monday on the back of lackluster earnings. The blue-chip Dow and the S&P 500 closed down 0.5 and 0.2 percent each, while the Nasdaq bumped up 0.4 percent with biotech shares leading advances.

Nikkei rises 0.5 percent

Japanese markets firmed up to a fresh 15-year high of 20,011 points, marking its first successful attempt in crossing the 20,000 milestone since April 10. Data showing a faster rise in March exports, which climbed 8.5 percent from a year earlier after a 2.5 percent gain in February, likely buoyed sentiment.

Japan's Nikkei 225 index reclaimed the psychologically-important 20,000 mark amid a mixed open in the region on Wednesday.

ASX slips 0.3 percent

Australia's S&P ASX 200 index posted modest losses ahead of the release of first-quarter consumer prices at 0930 SIN/HK.

Kospi adds 0.4 percent

South Korea's benchmark Kospi index edged up to a new three-and-a-half-year high, but a dismal open among index heavyweights capped advances.Real Time News & Trading Trends Keep Liking

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