Epic Research Update : Asian Markets

Asian share markets edged higher on Friday as investors gave a guarded reception to Republican plans for massive US tax cuts, while welcoming the appointment of a centrist at the helm of the Federal Reserve.

Apple’s stock reached new heights after it forecast holiday sales would beat market expectations, a likely positive for its many suppliers scattered across Asia.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.14 percent, to near its highest since late 2007. Australia’s main index firmed 0.5 percent, while South Korea added 0.3 percent.

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Posted in: Indian Market Tips