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Monday, February 29, 2016

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets

Chinese markets tumbled at the open Monday, but other markets in Asia were mixed by mid-morning, with Japan extending its gains from the previous week. Analysts expect some rocky trading this week amid a deluge of economic data in the region.
Chinese markets opened in negative territory, with the main Shanghai composite down 4.07 percent while the Shenzhen composite slipped 5.7 percent.
The Japanese benchmark index, Nikkei 225, was up 0.4 percent, after earlier trading up as much as 1.5 percent. Last week, the index added about 1.39 percent. Early movers on the index included Sharp.
Across the Korean Strait, the Kospi was up 0.25 percent. Hong Kong’s Hang Seng index fell 0.59 percent.
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