Asian Markets Traded Mixed Early On Wednesday After Wall Street Closed Mostly - Dollar Advisory & Financial Services

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Wednesday 24 January 2018

Asian Markets Traded Mixed Early On Wednesday After Wall Street Closed Mostly

Asian markets traded mixed early on Wednesday after Wall Street closed mostly higher as investors stateside focused on earnings releases.

US stocks advanced on Tuesday, as strong results from Netflix helped lift the S&P and Nasdaq Composite. Asian markets were trading mixed. The Nikkei 225 slipped 0.42 percent after the index hit a fresh 26-year high on Tuesday while the benchmark Kospi index rose 0.37 percent.

The Indian rupee opened higher by 4 paise at 63.73 per dollar on Wednesday against previous close 63.77.

Pramit Brahmbhatt of Veracity said, "There would be rangebound trade in the rupee in absence of any cues."

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