Epic Research Update : Asian Markets

Asian stocks were mixed early Tuesday, with sentiment subdued after Wall Street broke a three-day winning streak overnight and the ongoing rout in commodity prices.



Japan’s Nikkei 225 was virtually unchanged by mid-morning trade, remaining short of the psychologically-important 20,000 mark.



China’s Shanghai Composite index inched up 0.2 percent, reversing a lower open, while Hong Kong’s Hang Seng index tanked nearly 1 percent at the open after a blistering run-up over the past sessions.



South Korea’s Kospi index pushed through the 2,100-point level for the first time in nearly four years.



Singapore’s economy grew faster than expected in the first three months of 2015, government data showed on Tuesday, even as the Monetary Authority of Singapore – the country’s default central bank – surprised markets by announcing no change to its monetary policy.



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Posted in: Indian Market Tips