Asian markets were mixed on Tuesday, with Wall Street providing a
strong lead after rebounding from a two-day sell-off thanks to
better-than-expected retail sales data.
However, Hong Kong and Shanghai lagged the regional uptrend ahead of
the release Wednesday of Chinese growth figures that are forecast to
show a further slowdown in the economic giant.
Tokyo rose 0.82 per cent by the break, Sydney added 0.69 per cent and Seoul put on 0.10 per cent, but Hong Kong slipped 0.57 per cent while Shanghai shed 0.80 per cent.
Dealers were buoyed by the pick-up in New York, where the three main indexes last week suffered heavy losses as concerns that tech plays could be overvalued spread to other shares.
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However, Hong Kong and Shanghai lagged the regional uptrend ahead of
the release Wednesday of Chinese growth figures that are forecast to
show a further slowdown in the economic giant.Tokyo rose 0.82 per cent by the break, Sydney added 0.69 per cent and Seoul put on 0.10 per cent, but Hong Kong slipped 0.57 per cent while Shanghai shed 0.80 per cent.
Dealers were buoyed by the pick-up in New York, where the three main indexes last week suffered heavy losses as concerns that tech plays could be overvalued spread to other shares.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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