Epic Research Singapore : Asian Market Update

Asia's markets fell on Friday following hefty plunges on Wall Street as US technology stocks suffered another sell-off, while China released data showing inflation picked up in March but was still below forecasts.
 
Tokyo sank 2.31 percent by the break, Hong Kong lost 0.61 per cent, Shanghai was 0.18 per cent lower, Sydney shed 0.91 per cent and Seoul was down 0.77 per cent.

The tech-weighed index plunged 3.10 per cent, the biggest single-day percentage point drop since November 2011. The loss wiped out a two-day rally that picked up on Wednesday when the minutes of the latest Federal Reserve policy meeting suggested no support for an early rise in interest rates.

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