Asian Market Update : Epic Research Malaysia

- PHOTO: AFP

Asian markets sank Wednesday, following a negative lead from Wall Street, while China released data showing inflation eased slightly in June after hitting a four-month high in May.

There is also a nervousness that equities could be in line for a correction following a recent rally over the past few weeks.

Tokyo slipped 0.34 per cent, Sydney shed 0.90 per cent and Seoul was 0.44 per cent lower, while Hong Kong lost 1.16 per cent and Shanghai eased 0.18 per cent.

Jakarta was closed for presidential elections.

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