Epic Research Update : Asian Markets

Asian Market 1

Most major Asian indexes on Monday were given a boost by investor optimism that a plan to reduce corporate taxes would be passed stateside.

Japan’s Nikkei 225 added 1.15 percent early in the session as trading houses and banks rose. Tech and automaker blue-chips also saw gains. Toyota rose 2.37 percent, Sony gained 2.22 percent and SoftBank climbed 1.14 percent.

Korea’s Kospi came under slight pressure, trading 0.08 percent under the flat line. Steelmakers traded lower, with Posco and Hyundai Steel down 3.6 percent and 4.68 percent, respectively, even though Samsung Electronics inched higher by 0.36 percent.

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Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300