Tuesday, April 8, 2014

Epic Research Singapore : Asian Market Update

Asian markets were mixed on Tuesday following another heavy sell-off on Wall Street, with technology stocks taking a beating, while a stronger yen added to downward pressure on Japan's Nikkei.

Eyes are also on the Bank of Japan's latest policy meeting after a controversial tax rise took effect at the start of the month.

Tokyo slipped 1.07 per cent, Sydney fell 0.25 per cent and Seoul was 0.22 per cent lower but Hong Kong added 0.13 per cent and Shanghai was 0.42 per cent higher on the first day back after a long weekend.

Singapore shares remained relatively flat at 3,194.11, while Malaysia's stocks has fallen to 1,853.98 since opening trade begun

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