Epic Research Singapore : Asian Market Update

Asian markets mostly rose on Thursday in cautious trade following a positive close on Wall Street and ahead of the congressional testimony of US Federal Reserve head Janet Yellen later in the day.
Australia's main index was hit by a slump in Qantas shares after the national carrier said it would slash 5,000 jobs under restructuring plans as it announced a half-year net loss of more than US$200 million.
Tokyo was flat at the break and Sydney fell 0.40 per cent, while Seoul was flat. Shanghai added 0.23 per cent and Hong Kong was up 0.42 per cent.

Singapore added 4 points while Kuala Lumpur was up by 7 points.

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