The Asian markets concluded Thursday’s trade mostly in green, with Hong Kong closing marking a sixth-straight gain, as traders brushed off losses on Wall Street. Jakarta Stock Exchange was closed today on account of Vesak Day holiday. China will accelerate the development of production-oriented service industries in a bid to step up industrial restructuring and prop up economic growth. Priorities will be given to the development of research and design, commercial services, marketing and after-sales services. Southeast Asian currencies rallied as US economic data that trailed estimates weakened the greenback, and political developments in Indonesia spurred the rupiah to its biggest gain since March. Japan’s GDP rose to a seasonally adjusted 1.5%, from 0.1% in the preceding quarter whose figure was revised down from 0.2%. Japan’s GDP price index rose to a seasonally adjusted annual rate of 0.0%, from -0.3% in the preceding quarter. Singaporean Retail Sales rose to a seasonally adjusted -3.9%, from -9.7% in the preceding month whose figure was revised down from -9.5%.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2024.97 | -22.94 | -1.12 |
Hang Seng | 22730.86 | 148.09 | 0.66 |
Jakarta Composite | - | - | - |
KLSE Composite | 1879.83 | 0.63 | 0.03 |
Nikkei 225 | 14298.21 | -107.55 | -0.75 |
Straits Times | 3272.49 | 13.40 | 0.41 |
KOSPI Composite | 2010.20 | -0.63 | -0.03 |
Taiwan Weighted | 8880.65 | 5.49 | 0.06 |