Skip to main content

MoneyWorks4Me

Asian markets end mostly in green on Wednesday

30 Jul 2014 Evaluate

The Asian markets concluded Wednesday’s trade mostly in green, ahead of a rate announcement from the Federal Reserve. The Federal Reserve will later conclude a policy meeting announcing fresh cuts to its monthly bond-buying program and deliver an upbeat take on the US economy. Jakarta Stock Exchange was closed today on account of ‘National Leave’ holiday. China's regional economies enjoyed a revival in growth in the second quarter, data from provincial governments showed. Of the 30 regions and provinces that released their local gross domestic product (GDP) data, 23 reported first-half economic growth accelerated from the first quarter. About three-quarters posted growth that was higher than the national average of 7.4% in the first six months. Japan’s industrial production fell to a seasonally adjusted -3.3%, from 0.7% in the preceding month. South Korean industrial production rose to a seasonally adjusted annual rate of 2.9%, from -2.8% in the preceding month whose figure was revised down from -2.7%. Thai Industrial Production fell to a seasonally adjusted -6.6%, from -4.1% in the preceding month.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2181.24

-1.95

-0.09

Hang Seng

24732.21

91.68

0.37

Jakarta Composite

-

-

-

KLSE Composite

1878.34

1.00

0.05

Nikkei 225

15646.23

28.16

0.18

Straits Times

 3353.65

-2.43

-0.07

KOSPI Composite

2082.61

20.64

1.00

Taiwan Weighted

9447.02

55.14

0.59