Thursday, November 23, 2017

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets
Asian markets were mostly subdued on Thursday, taking the lead from a quiet overnight session on Wall Street. U.S. stocks had closed narrowly mixed in the lead up to Thanksgiving as investors parsed through minutes from the U.S. central bank.

South Korea’s benchmark Kospi index edged down 0.07 percent after markets opened an hour later on Thursday due to a nationwide university entrance exam. Blue-chip tech plays slipped, but several prominent manufacturing names climbed: Samsung Electronics fell 0.93 percent and Posco rose 1.44 percent. Cosmetics companies also made gains in the morning, with Amorepacific tacking on 2.27 percent.

Elsewhere, Japanese markets were closed for a public holiday. U.S. markets will also be closed for Thanksgiving Day on Thursday.

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