Epic Research Update : Asian Markets
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Epic Research Update : Asian Markets

Epic Research Update : Asian Markets
Epic Research Update : Asian Markets

Asian equities were mixed on Monday in holiday-thinned trade following a better-than-expected US jobs report last week.

Markets in China, Singapore, Malaysia, India and Indonesia are closed for a public holiday.

On Friday, US indices jumped more than 1 percent after data showed the jobless rate falling to 5.9 percent in September and companies adding 248,000 in payrolls.

Hong Kong’s political unrest remained in focus as pro-democracy protesters continued to block major intersections on Monday, defying government calls to disperse and allow the city to resume commercial business. Over the weekend, clashes broke out in the Mong Kok area with protest camps under attack by men in opposition to the democracy movement.

Hong Kong’s Hang Seng rose 119.68 points or 0.52 percent to 23,184.24 and Japan’s Nikkei 225 Average was up 224.22 points or 1.43 percent to 15,932.87, at 10 hours IST.

However, South Korea’s Seoul Composite fell 2.51 points or 0.13 percent to 1,973.65.

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