Tuesday, September 30, 2014

Asian Market Update : Epic Research Singapore

Asian markets mostly slipped Tuesday, with Hong Kong hit for a second successive day as a pro-democracy protest in the city showed no signs of letting up, while a measure of Chinese manufacturing came in below forecast.
Traders took their cue from a negative Wall Street, while Japanese shares were hit by a surprise fall in factory output and despite the yen's continued weakness against the dollar.
Hong Kong fell 1.10 per cent, extending Monday's 1.90 percent losses, Tokyo retreated 1.13 per cent and Seoul shed 0.60 per cent, while Shanghai lost 0.10 per cent and Sydney was flat.
In Hong Kong a second night of mass protests passed off peacefully Monday, bringing relief after Sunday night saw police fire tear gas and pepper spray at protestors in the financial hub.
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