Epic Research

Wednesday, January 9, 2013

Epic Asian Markets Update

Asian shares inched up on Wednesday but the upside was limited as investors waited warily for corporate earnings season to kick off in full force, preferring in the meantime to book profits from a sharp rally at the start of the year.
The main index is seen rangebound after steadily declining since last week’s rapid gains as caution rules before fourth-quarter earnings,” Kim Soon-young, an analyst at IBK Securities, said of Seoul shares.

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