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Asian markets conclude Friday’s trade mostly in green

16 May 2014 Evaluate

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

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