Asia opens higher; ASX up 0.8%, Nikkei up 0.7% and Kospi up 0.4%

Epic Research Update : Asian Markets

Asia markets opened higher on Friday, as the first set of results from the United Kingdom (U.K.) referendum on European Union membership trickled in.

The Japanese yen initially weakened to as much as 106.81 against the dollar earlier in the session, but tracking the drop in the British pound amid the first set of results from the U.K. referendum, the currency strengthened. As of 8:07 a.m. HK/SIN, the yen traded at 105.07 against the dollar.

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Posted in: Indian Market Tips