Sunday, 31 March 2013

Asian Market Update


Asian equity indices are exhibiting mixed trend on Monday’s morning trade with exchanges remain closed in several Asian markets. Sentiments in the region remained subdued as Chinese factory data missed market expectations. The country’s factory production ran at its fastest in 11 months in March, though the rise to 50.9 missed market expectations of a bigger headline jump. Meanwhile, Nikkei share average fell to a two-week low on Monday morning as investors took profit after the benchmark posted its best quarterly performance in nearly four years.

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