Epic Research Update : Asian Markets

Equity markets in Tokyo and Shanghai outperformed the region to scale fresh multi-year highs early Monday, drawing strength from a strong finish on Wall Street last week.



Japan’s Nikkei 225 index touched a fresh 15-year high as a strong finish on Wall Street offset the impact of a rangebound yen.



China’s Shanghai Composite charged up 0.9 percent to its highest level since May 2008 amid a broad-based rally.



Hong Kong’s key Hang Seng index edged up 0.4 percent as corporate earnings remain in play.



South Korea’s Kospi index rebounded in mid-morning trade as most blue-chip stocks turned positive. KB Financial Group and Kepco bounced up 0.3 and 0.6 percent, respectively, while Hyundai Motor held on to a 2.2 percent loss.



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Posted in: Indian Market Tips