The Asian markets concluded Thursday’s trade mostly in green, with investors keeping an eye on European Central Bank policy decision. Volatility in Chinese stocks has fallen to the lowest level on record as investor interest in equities declines and trading volumes slump amid a slowdown in the nation’s economic growth. Stronger foreign and domestic demand probably helped to stabilize China’s economy in May, boosting growth in exports, factory production and retail sales. Indonesia’s rupiah declined the most since April on concern a deteriorating trade balance will spur capital outflows from the nation’s financial markets. Taiwanese CPI fell to a seasonally adjusted annual rate of 1.61%, from 1.65% in the preceding quarter while Philippines CPI rose to a seasonally adjusted annual rate of 0.5%, from 0.4% in the preceding quarter.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2040.88 | 16.04 | 0.79 |
Hang Seng | 23109.66 | -42.05 | -0.18 |
Jakarta Composite | 4935.56 | 3.00 | 0.06 |
KLSE Composite | 1869.00 | 3.80 | 0.20 |
Nikkei 225 | 15079.37 | 11.41 | 0.08 |
Straits Times | 3279.64 | -0.53 | -0.02 |
KOSPI Composite | 1995.48 | -13.08 | -0.65 |
Taiwan Weighted | 9140.72 | 20.76 | 0.23 |