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Thursday, 8 October 2015

CAPITAL STROKE UPDATE: ASIAN MARKETS 09-Oct-2015

Capital Stroke : Asian Markets Asian stocks marched higher on Friday, following a positive lead from Wall Street, fueled by dovish signals from the US Federal Reserve minutes. The Nikkei 225, Japan’s benchmark index, opened up 0.8 percent at 18,281.51, recovering some of Thursday’s losses. The Nikkei closed down 1 percent on Thursday, snapping a six-session winning streak, after taking a hit from weak machinery orders data and profit-taking. Chinese stocks continue to be in focus, after the Shanghai Composite surged 3 percent on Thursday in a catch-up rally post a week-long holiday. The market’s performance on Friday was far less impressive, with the index rising just 0.2 percent in early trade. Hong Kong stocks, on the other hand, logged solid gains at the start of trade, with the Hang Seng Index up 1.5 percent after being hit by profit taking a day earlier. Markets in South Korea and Taiwan are closed for public holidays. For more details visit: http://www.capitalstroke.com/ or contact on 09770570009

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