Wednesday, 6 January 2016

Asian Market Update : Epic Research Malaysia

Asian stocks fell on Wednesday as Beijing continued guiding the yuan lower and a survey pointed to weakness in China's services sector, while the Japanese yen drew support from risk aversion.

Talk of a possible nuclear test in North Korea further soured sentiment in Asia. South Korea's KOSPI and the won both lost about 0.6 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan lost 1 per cent.

Australian shares lost 1.3 per cent. Japan's Nikkei dropped 1.1 per cent.

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