Friday, April 18, 2014

Epic Research Singapore : Asian Market Update

Asian markets mostly rose while the dollar edged up in holiday-narrowed trade on Friday following a mixed lead from Wall Street and news of a deal between Russia and the West to ease Ukraine tensions.

With many bourses closed for the Easter break business was thin at the end of a broadly positive week in Asia, which was helped by bargain buying after the previous week's sell-off.

Tokyo rose 0.72 per cent, Seoul added 0.58 per cent and Taipei gained 0.20 per cent but Shanghai was down 0.35 per cent.

Sydney, Singapore, Wellington, Jakarta, Mumbai, Hong Kong and Manila were closed for public holidays.

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