Tuesday 29 March 2016

Asian Market Update : Epic Research Malaysia

Asian stocks fell for the first time in three days as health-care companies led losses and more than two-thirds of the companies in Japan's Topix index traded without the right to the next dividend.

The MSCI Asia Pacific Index slipped 0.4 per cent to 127.55 as of 9:01 am in Tokyo. The gauge is up 7.1 per cent since the start of March, on course for the best month since October. The Topix slid 0.8 per cent.

Data Monday showed the Federal Reserve's preferred measure of inflation slowed, clouding the outlook for higher interest rates in 2016. US equity exchanges saw their slowest trading day of the year, while markets in Hong Kong and Australia reopen Tuesday.

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