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Friday, February 5, 2016

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets

Asian markets came under pressure on Friday with major indexes trading down, despite a positive finish on Wall Street overnight.
In Japan, the Nikkei extended losses, appearing set for a five-day losing streak, with the index falling 1.03 percent on the back of a stronger yen. The dollar-yen pair fell to the 116-level, trading at 116.85 after market open; earlier this week, the pair was trading above 120.
In Korea, Kakao shares were down 1.19 percent after the technology company reported a net profit of 10 billion won (USD 8.4 million) in the fourth quarter.
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