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Asian markets end mixed on Thursday

03 Jul 2014 Evaluate

The Asian markets concluded Thursday’s trade mixed, with China stocks gaining for a fourth day in the longest winning streak since May. An index of China’s services industry from HSBC Holdings Plc and Markit rose to 53.1 in June from 50.7 in May, the highest reading since March 2013. Figures above 50 indicate expansion. Separate data showed the official non-manufacturing gauge slid to 55 in June from 55.5 the month before. Hong Kong Retail Sales rose to a seasonally adjusted annual rate of -4.1%, from -9.8% in the preceding month. Indonesia has received a $500 million loan from the World Bank to bolster the nation’s efforts in reforming the financial sector. Consumer confidence has declined in June amid concern over the availability of jobs and an expected slowdown in Indonesia’s economy in the next six months. The consumer confidence index may decline 0.3% to 94.8 points in June.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2063.23

3.81

0.19

Hang Seng

23531.44

-18.18

-0.08

Jakarta Composite

4888.74

-19.54

-0.40

KLSE Composite

1888.69

1.85

0.10

Nikkei 225

15348.29

-21.68

-0.14

Straits Times

 3273.15

9.24

0.28

KOSPI Composite

2010.97

-4.31

-0.21

Taiwan Weighted

9526.23

41.27

0.44

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