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Asian equity markets opened mixed on Wednesday, mirroring Wall Street’s finish overnight, and as investors digested the raft of earnings due in the region.
South Korea’s benchmark Kospi index advanced from the get-go, as its top weighted stock Samsung Electronics climbed as much as 1 percent on the back of first-quarter earnings released just before the market open.
The earnings season in China is also in full swing. A flurry of financial firms will release corporate report cards on Wednesday, such as China Construction Bank, Bank of China, alongside the mainland’s biggest brokerage Citic Securities and insurer Ping An Insurance.
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Posted in: Indian Market Tips
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