Tuesday, 8 April 2014

Epic Research Update : Asian Markets


Asian shares were mixed on Tuesday with a Bank of Japan board meeting affirming current policy coming after the morning Nikkei session and markets in Hong Kong and Shanghai up.



The Nikkei 225 index fell 1.13%, while the Hang Seng rose 0.89% and the Shanghai Compositegained 1.34%.



In Japan, tech-related stocks fell with Yahoo Japan Corp. (4689.TOK) down off 2.3% and Softbank Corp. (9984.TOK) down 3.3%.



In China banks rose the second straight session on expectations that regulators may issue preferred stock issuance rules. Industrial Bank rose 4.3% and China Minsheng Banking (1988.HK) gained 2.8%.



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