Asian Markets Update by Epic Research

Asian stocks were mixed on Friday following the European Central Bank’s surprise rate cut overnight and amid caution ahead of a key US jobs report.



Hong Kong’s Hang Seng fell 47.42 points or 0.19 percent to 25,250.50 while China’s Shanghai Composite was up 7.07 points or 0.31 percent at 2,313.93, at 07:55 hours IST.



Japan’s Nikkei 225 Average advanced 31.43 points or 0.20 percent to 15,707.61 whereas Singapore’s Straits Times declined 19 points or 0.57 percent to 3,327.34.



South Korea’s Seoul Composite was down 8.21 points or 0.40 percent to 2,048.05 and Taiwan Weighted lost 31.66 points or 0.34 percent to 9,397.23.



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Posted in: Indian Market Tips