Asian markets conclude Tuesday’s trade mostly in green

17 Jun 2014 Evaluate

The Asian markets concluded Tuesday’s trade mostly in green, with investors eyeing Federal Reserve’s policy meeting due to begin later in the day. China’s stocks fell, dragging the benchmark index down by the most in about a month, after foreign direct investment in the country unexpectedly declined. Foreign direct investment dropped 6.7% in May from a year earlier, the most since January 2013. Hong Kong Unemployment Rate remained unchanged at a seasonally adjusted 3.1% compared to the preceding month.

China’s Premier Li Keqiang stated that the country is confident that it will meet the growth target of 7.5% this year, noting the government was ready to adjust policies to guarantee the fulfillment of the target. New home sales in Shanghai remained below the 150,000-square-meter threshold for the fourth straight week, showing no sign for a major rebound. The purchases of new residential properties, excluding government-funded affordable housing, rose 26.4% week on week to 140,700 square meters during the seven-day period ended Sunday.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2066.70	-19.29	-0.92
Hang Seng	23203.59	-97.08	-0.42
Jakarta Composite	4909.52	24.06	0.49
KLSE Composite	1874.60	3.02	0.16
Nikkei 225	14975.97	42.68	0.29
Straits Times	3274.44	-15.82	-0.48
KOSPI Composite	2001.55	7.96	0.40
Taiwan Weighted	9240.60	37.67	0.41

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