CAPITAL STROKE UPDATE: ASIAN MARKETS 28-Jan-2016

Capital Stroke : Asian Markets Markets in Asia trimmed losses to trade mixed, following a lower finish on Wall Street after the Federal Reserve kept its monetary policy unchanged, but appeared to signal expectations of weaker US growth. Japan’s Nikkei 225 was down 0.16 percent after falling as much as 1.01 percent following market open, while across the Korean Strait, the Kospi slipped 0.30 percent. Japan’s retail sales for December fell 1.1 percent on-year, according to government data, showing some weakness in household demand. Elsewhere, shares of South Korea-based internet company Naver were down 5.34 percent as the company reported a 5 percent jump in on-year profits for the October-December quarter, which fell short of expectations. Energy plays around the region were mixed, with Australia’s Santos and Woodside up 2.43 and 2.58 percent respectively. Japan’s Inpex was down 1.08 percent, Japan Petroleum was lower by 1.21 percent and South Korea’s S-Oil slipped 2.32 percent. For more details visit: http://www.capitalstroke.com/ or contact on +91 - 9770570009