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Friday, November 6, 2015

Epic Research Update : Asian Markets


Epic Research Update : Asian Markets
Asian shares were in another mixed trading session on Friday, tracking the uninspiring handover from Wall Street as investors await the US nonfarm payrolls report that could provide hints to when the Federal Reserve will start to push up interest rates.

Nikkei gains 0.5 percent
Japan’s Nikkei 225 index headed north, with sentiment still buoyed by gains in the US dollar against the yen.

China stocks mixed

Among other indexes, the blue-chip CSI300 Index ticked up 0.2 percent while the smaller Shenzhen Composite notched up 0.6 percent. However, Hong Kong’s Hang Seng index declined nearly 1 percent in early trade.

Kospi flat

South Korea’s Kospi index was subdued early Friday, but hefty buy orders for its pharmaceutical counters managed to prop it above the flatline.

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