Monday, August 18, 2014

Asian Market Update : Epic Research Singapore

Asian shares were mixed Monday, with the latest round of tensions between Russia and Ukraine exerting selling pressure despite some progress cited in the "difficult" negotiations between both sides.
Seoul was down 0.31 per cent, Hong Kong slipped 0.18 per cent, but Shanghai gained 0.41 per cent while Tokyo and Sydney traded flat.
US shares rebounded late Friday to end mixed after an early bout of selling on news that Ukraine had shelled Russian armoured vehicles after they entered its territory.
The Dow Jones Industrial Average ended down 0.30 per cent at 16,662.91, after earlier having shed 0.50 per cent on the news.
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