Thursday 26 March 2015

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets





Asian equities were mixed on Friday as fears over Yemen and weak data from the world’s third largest economy weighed on sentiment.



Japan’s benchmark index reversed losses, moving off a one-week low to enter positive territory, as investors engaged in bargain hunting following Thursday’s losses.



China’s benchmark stock index resumed its declines after data showed industrial profits for the first two months of the year fell 4.2 percent on year.



South Korea’s benchmark Kospi index rebounded from a ten-day closing low thanks to gains in blue-ship stocks; Hyundai Motor and Kia Motors gained 1 percent each.



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