Epic Research Update : Asian Markets

Asian stocks mostly advanced early Friday, tracking a positive lead from Wall Street overnight.

China’s benchmark Shanghai Composite ticked up 0.2 percent, while the CSI300 index elevated 0.7 percent. The Shenzhen Composite made gains of 1.2 percent. In Hong Kong, the Hang Seng index picked up 0.2 percent amid a rebound in gaming stocks which were heavily sold off in the previous session.

Nikkei adds 0.2 percent Japan’s Nikkei 225 bounced up to its highest level since June 26 as the yen hovered near its weakest level against the greenback in more than three weeks.

South Korea’s Kospi index pulled back from a two-week high, as markets await the outcome of a shareholder vote on a merger of two Samsung companies.

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Posted in: Indian Market Tips