Wednesday, 10 February 2016

ASIAN MARKET NEWS 11 FEBRUARY 2016

In South Korea, the Kospi re-opened lower after its three-day holiday, shedding 2.37 percent, with blue chip stocks such as Samsung Electronics and Posco down 3.01 and 2.76 percent, respectively.
Down Under, the S&P/ASX 200 erased gains of as much as 0.56 percent to trade up 0.26 percent, weighed by losses in the energy, materials, and financial sectors. The index closed Wednesday down 20.17 percent from its 52-week closing high, set in April 2015, leaving it in bear territory.


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