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 |