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Friday, October 16, 2015

Epic Research Update : Asian Markets


Epic Research Update : Asian Markets
Asian equities cruised higher on the final trading day of the week, encouraged by an impressive lead from Wall Street.

Share markets in China kicked off trade on a positive note, with the Shanghai Composite opening 0.7 percent higher.

Japan’s Nikkei 225 index extended gains amid a broad-based rise on Friday, thanks to fresh weakness in the yen.

South Korea’s Kospi index swiftly reversed a higher open, as losses in heavyweight components offset gains in the broader market.

Taiwan’s weighted index ticked up 0.2 percent, as a near 3 percent slump in large-cap Taiwan Semiconductor Manufacturing Co. capped the bourse’s advances.

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