Epic Research Update : Asian Markets

Epic Research Update : Asian MarketsEpic Research Update : Asian Markets

Asian markets were mixed early on Monday while oil prices edged up after recording six straight days of declines.

South Korea’s Kospi advanced 0.54 percent, with heavily weighted technology stocks higher in the morning. Samsung Electronics rebounded 1.43 percent and SK Hynix gained 0.82 percent. Financials also traded higher in the early going.

Over in Australia, the S&P/ASX 200 slipped 0.64 percent as earnings season continued Down Under. Energy-related stocks were down 1.06 percent in the morning after oil prices slid for the sixth straight session on Friday. Santos fell 1.24 percent and Beach Energy lost 3.31 percent.

Japanese markets are closed on Monday in observance of a public holiday.

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Epic Research
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