CAPITAL STROKE UPDATE: ASIAN MARKETS 8-Jan-2016

Capital Stroke : Asian Markets Asian markets rallied briefly after China opened in positive territory but some major markets were back in the red soon after. The Shanghai Composite was up as much as 3 percent shortly after the market open before sliding into negative territory, down 1.61 percent. Shenzhen Composite was down 3.7 percent while CSI 300 index erased gains to trade down 1.38 percent. All three indexes see-sawed wildly from positive to negative in the 30 minutes after trade started. Japan’s Nikkei 225 higher 0.37 percent, while Korea’s Kospi index was down 0.15 percent. in South Korea, shares of heavyweight Samsung Electronics traded modestly higher, rising 0.26 percent, despite the company missing expectations on its fourth quarter operating profits. The consumer electronics giant said its profits for the October-December quarter likely rose 15 percent on-year to 6.1 trillion won (USD 5.10 billion). A Reuters survey of analysts estimated that number to be at 6.6 trillion won. For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704