Tuesday, 5 January 2016

ASIAN MARKET NEWS 06 JANUARY 2016

South Korea's Yonhap news agency reported the country's intelligence agency said North Korea gave no advance notice of nuclear tests to China or the United States.
The Kospi was down 0.45 percent, the Nikkei 225 down 1.08 percent, and the ASX 200 saw losses of 1.22 percent.
In China, however, both Shanghai and Shenzhen composites stayed in positive territory, up 0.7 and 0.56 percent respectively. Chris Weston, chief market strategist at spreadbetter IG, said announcements due from North and South Korea later in the day will be important in assessing further risks in markets. "Many people will sell first, ask questions later," he told CNBC by phone.

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