Markets mostly higher in Asia, shrug off North Korea missile test; ASX up 0.7%

Asian Market 1

Asian equities traded mostly higher on Monday, following the continued recovery on Wall Street last week and as investors digest yet another missile test out of North Korea at the weekend.

The Nikkei 225 was 0.34 percent higher. Australia’s ASX 200 added 0.66 percent, driven largely by its energy and materials sub-indexes which were up 1.85 percent and 1.43 percent respectively.

South Korea’s benchmark Kospi index shrugged off news of the North Korean missile test, gaining 0.36 percent.

The Hang Seng Index traded 0.37 percent higher, but markets on the mainland were in the red. The Shanghai Composite was down 0.18 percent and the Shenzhen Composite dipped 0.166 percent.

In Japan, Toshiba’s US nuclear arm Westinghouse Electric indicated that it would lockout 172 union members as contract negotiations had reached an impasse. Toshiba shares traded 0.04 percent higher.

For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Facebook Twitter YouTube Pinterest Linkedin Google+

You may also like:

Sensex turns sluggish, Nifty still holds 9300; ICICI falls ahead of Q4' width= Sensex consolidates ahead of FOMC meet outcome; RBL Bank most active' width=
Sensex turns sluggish, Nifty still holds 9300; ICICI falls ahead of Q4 Sensex consolidates ahead of FOMC meet outcome; RBL Bank most active
Share Button

About the Author

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