Asian markets were mixed on Monday after China released data pointing to further weakness in the country's manufacturing sector, while Tokyo hit a seven-year high as the yen slipped against the dollar.
Energy firms took a hit for a second successive session while airlines climbed after OPEC's decision to maintain oil output levels despite a supply glut and plunging prices.
Tokyo rallied 0.98 per cent to its highest level since July 2007 thanks to fresh yen weakness, while Shanghai added 0.60 per cent on hopes for more economy-boosting measures from China's leaders.
However, Hong Kong sank 1.29 per cent, Sydney slipped 0.78 per cent and Seoul was 0.86 per cent lower.
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Energy firms took a hit for a second successive session while airlines climbed after OPEC's decision to maintain oil output levels despite a supply glut and plunging prices.
Tokyo rallied 0.98 per cent to its highest level since July 2007 thanks to fresh yen weakness, while Shanghai added 0.60 per cent on hopes for more economy-boosting measures from China's leaders.
However, Hong Kong sank 1.29 per cent, Sydney slipped 0.78 per cent and Seoul was 0.86 per cent lower.
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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