Thursday, 14 January 2016

Asian Market Update : Epic Research Malaysia

Tokyo led another market sell-off Thursday as equities and currencies succumbed again to a vicious rout that has ripped across global trading floors.

Any hope Wednesday's regional rally might pressage a recovery from 2016's bloodbath was wiped out with an immediate sell-off in the opening minutes.

Tokyo plunged almost four percent in the first hour and Shanghai fell below its lowest levels of the summer rout.

The losses came after Wall Street's three main indexes dropped, with energy firms taking a hammering again as oil prices hit lows not seen since the first half of 2004.

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