Epic Research Update : Asian Markets

Gross domestic product (GDP) in the US was revised up to 3.9 percent from 3.5 percent in the July-September period, data showed on Tuesday. That offset a separate report showing an unexpected drop in consumer confidence in November. Wall Street shares ended flat despite the positive GDP report.



China’s Shanghai Composite added 0.79 percent or 20.18 points at 2,587.78.



Hong Kong’s Hang Seng was flat at 23,855.78. Japan’s Nikkei was down 0.23 percent or 39.41 points at 17,368.21.



Singapore’s Straits Times shed 0.36 percent or 12 points at 3,332.99.



South Korea’s Seoul Composite was flat at 1,980.19.



Taiwan’s Taiwan Weighted was up 0.20 percent or 18.33 points at 9,134.57.



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Posted in: Indian Market Tips