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ASIAN SUMMARY

EQUITIES

A fairly positive session for Asian Equities, holding onto gains and are mostly hovering into green territories

  • Japanese stocks have recovered some of the selling of late taking comfort from Tokyo lowering Virus alert on Thursday.
  • Despite the bid, indices still lacked clear momentum, in tandem with US Equities.
  • Global economic recovery concerns, and the lack of progress in US stimulus measures has kept investors wary.
  • Looking ahead, we have a fairly busy day, with 8 ECB speakers and on the data front US CPI, Earning and budget statement.
  • Nikkei is 23,202.0
  • TOPIX: 1,619.25
  • Hang Sang: 24,424.5
  • CSI300: 4,591.6
  • China A50: 15,298.5
  • KOSPI: 315.45

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