Asian markets ended in negative territory on Friday following losses in Wall Street, where the major indices ended sharply lower after the Labor Department released weaker job report for June, denting recovery hopes. Holiday in the U.S towards Independence Day and lack of trading cues characterized in thin volumes across the markets as traders preferred to stay on the sidelines on the last trading day of the week.. The market in India, however, ended in positive territory on expectations of a reform-oriented growth budget from a stronger Congress Government slated for release on the first day of next week.
On July 3, 2009, In Asian Market News by admin