Asian Market Update : Epic Research Malaysia

Epic Research Update : Asian Markets

Asian equities outside Japan rose early Thursday, drawing support from a higher finish on Wall Street overnight.

Japanese shares widened losses in early trade as the yen ticked up to trade below the 119 handle against the greenback. Japan’s Nikkei 225 index has seen directionless trading for the past two sessions due to profit-taking and weak first-quarter gross domestic product data from China released Wednesday.

China’s Shanghai Composite index notched up 0.3 percent, reversing a lower open, while Hong Kong’s Hang Seng index hovered in neutral territory.

South Korea’s benchmark Kospi index hit a fresh three-and-a-half-year high at the open, on course to chalk up a five-day winning streak.

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