Asian Market Update : Epic Research Malaysia

Asian equities opened mixed on Friday, tracking a confluence of negative factors such as an uninspiring lead from the US overnight, falling commodity prices, weak data from Japan and fresh market jitters from China.

Wall Street ended narrowly mixed on Thursday, as investors digested ho-hum earnings and US second-quarter gross domestic product (GDP) that came in slightly below expectations. The blue-chip Dow and the S&P 500 ended near the flatline, while the Nasdaq Composite added 0.3 percent.

A stronger dollar weighed on oil and gold prices on Thursday. US crude settled down 27 cents at USD 48.52 a barrel, and Brent crude oil fell 15 cents a barrel to USD 53.20. Spot gold dropped as much as 1.3 percent to a session low of USD 1,081.85 an ounce in earlier trade, before recovering to USD 1,087.70.

Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my