Equity Tips & Latest Stock Market News-Asian Stock Negative Opening

The market is poised for a weak opening on negative Asian stocks. Asian stocks were mostly lower on the final trading day of the week. At the opening bell ITC, ICICI Bank and GAIL (India) unveil Q2 results today, 25 October 2013. 

Asian markets declined as forecasts from Canon Inc. to Posco disappointed investors. Key benchmark indices in Taiwan, Hong Kong, China, Singapore, Japan, Indonesia and South Korea fell by 0.07% to 1.2% shown below:

• China’s Shanghai Composite slipped 0.37 percent or 7.98 points at 2,156.34.
• Hong Kong’s Hang Seng was down 0.22 percent or 50.15 points at 22,785.67.
• Japan’s Nikkei shed 1.08 percent or 156.51 points at 14,329.90.
• Singapore’s Straits Times fell 0.14 percent or 4.66 points at 3,213.29.
• South Korea’s Seoul Composite was down 0.74 percent or 15.06 points at 2,031.63.
• Taiwan’s Taiwan Weighted fell 0.36 percent or 30.38 points at 8,383.34.

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