Epic Asian Markets Update

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Epic Research
Asian markets were trading mixed on Wednesday. China’s Shanghai Composite fell further, losing 28.72 points or 1.47 percent to 1,930.79 despite assurances from China’s central bank to provide funds to institutions if needed and positive US economic data.

Japan’s Nikkei 225 Average declined 67.79 points or 0.52 percent to 12,901.55 and South Korea’s Kospi Composite Index slipped 2.13 points to 1,778.50.
 
Epic Asian Markets Update

Asian shares gained smartly on Thursday, buoyed by rising global equities overnight on expectations the US Federal Reserve will not rush to end its stimulus program, but investor caution over Chinese markets capped the upside.

The dollar rose and global equity markets advanced for a second day on Wednesday after a surprisingly sharp downward revision to first-quarter US economic growth eased fears that the Fed would soon wind down its bond-buying scheme which has underpinned investor risk appetite.
 
Epic Asian Markets Update

Asian shares rose for a third day on Friday led by a sharp rally in Tokyo%u2019s Nikkei, which is on track to end the first half of the year up a barnstorming 31 percent.

Gold, however, plumbed fresh three-year lows with investors battered and bruised after a 30 percent drop this year. Analysts suspect the recent leg lower was due in part to forced liquidations of positions and quarter-end selling by funds.
 
Epic Asian Markets Update

Asian markets were trading lower on profit booking Monday. China%u2019s Shanghai Composite fell 2.55 points to 1,976.66 and Japan%u2019s Nikkei 225 Average was down 82.48 points or 0.60 percent to 13,594.84 after rising 3.5 percent last week.

Singapore%u2019s Straits Times Index lost 10.33 points or 0.33 percent to 3,140.11 and South Korea%u2019s Kospi Composite Index slipped 7.24 points or 0.39 percent to 1,856.08.
 
Epic Asian Markets Update

Asian markets were trading mixed. China%u2019s Shanghai Composite shed 0.31 percent or 6.27 points at 1,988.97.

Hong Kong%u2019s Hang Seng was down 0.15 percent or 30.70 points at 20,772.59.

Japan%u2019s Nikkei added 0.64 percent or 88.95 points at 13,941.45.

Singapore%u2019s Straits Times rose 0.65 percent or 20.49 points at 3,161.42.

South Korea%u2019s Seoul Composite was up 0.20 percent or 3.66 points at 1,859.39.

Taiwan%u2019s Taiwan Weighted was flat at 8,037.79.
 
Epic Asian Markets Update

Asian markets were trading weak. China%u2019s Shanghai Composite shed 1.09 percent or 21.87 points at 1,984.69.

Hong Kong%u2019s Hang Seng was down 1.42 percent or 294.12 points at 20,364.53.

Japan%u2019s Nikkei slipped 0.63 percent or 88.55 points at 14,010.19.

Singapore%u2019s Straits Times was down 1.38 percent or 43.92 points at 3,129.40.

South Korea%u2019s Seoul Composite fell 0.49 percent or 9.13 points at 1,845.89.

Taiwan%u2019s Taiwan Weighted declined 0.92 percent or 73.79 points at 7,942.07.
 
Epic Asian Markets Update

Asian markets were trading weak. China%u2019s Shanghai Composite shed 2.34 percent or 47.05 points at 1,960.14.
Hong Kong%u2019s Hang Seng fell 2.38 percent or 497.33 points at 20,357.34.
Japan%u2019s Nikkei was up 0.13 percent or 18.12 points at 14,328.09.
Singapore%u2019s Straits Times slipped 1.08 percent or 34.15 points at 3,135.58.
South Korea%u2019s Seoul Composite fell 0.85 percent or 15.63 points at 1,817.68.
Taiwan%u2019s Taiwan Weighted was down 1.09 percent or 86.98 points at 7,914.84.
 
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