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Asian stocks were largely lower in Friday’s early trade, mirroring Wall Street’s finish overnight as the Fed-inspired rally lost steam.
China’s Shanghai Composite retreated from its highest level since May 2008, slipping just below the flatline.
Hong Kong’s key Hang Seng index sagged 0.3 percent as traders digest a raft of corporate earnings.
Japan’s Nikkei 225 index was subdued in early trade as profit-taking continues amid the yen’s rise against the U.S. dollar.
South Korea’s Kospi index edged down amid a broad-based slump after finishing at a six-month high on Thursday.
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Posted in: Indian Market Tips
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