The Asian markets concluded Friday’s trade mostly in green, while Japan Nikkei closing in red owing to a stronger yen and following a sell-off on Wall Street. China will support the stable growth of foreign trade and job creation as businesses come under pressure to increase exports. Optimizing the foreign trade structure - including encouraging imports of technology and key parts, maintaining stable growth of goods trade and supporting services trade - is the central issue of a policy document issued by China’s Cabinet. Japan’s economy grew 1.5% in the January-March quarter from the previous one, posting its biggest expansion since July-September 2011, as consumer spending jumped ahead of an April 1 sales tax increase. Japan’s industrial production rose to a seasonally adjusted 0.7%, from 0.3% in the preceding month. Hong Kong GDP rose to a seasonally adjusted annual rate of 0.2%.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2026.50 | 1.53 | 0.08 |
Hang Seng | 22712.91 | -17.95 | -0.08 |
Jakarta Composite | 5031.57 | 39.94 | 0.80 |
KLSE Composite | 1883.34 | 3.51 | 0.19 |
Nikkei 225 | 14096.59 | -201.62 | -1.41 |
Straits Times | 3262.59 | -9.90 | -0.30 |
KOSPI Composite | 2013.44 | 3.24 | 0.16 |
Taiwan Weighted | 8888.45 | 7.80 | 0.09 |