Asian markets end mostly in green on Wednesday

03 Sep 2014 Evaluate

Asian markets ended mostly in green on Wednesday, as reports showing faster growth in China’s service industries and US manufacturing boosted optimism in the world’s biggest economies. An official China non-manufacturing purchasing managers’ index for August rose to 54.4, from a six-month low of 54.2 in July. A similar gauge by HSBC Holdings Plc and Markit Economics posted its highest reading since March 2013. The rebound in services bolstered optimism China’s government is succeeding in shifting its economy away from exports and investment toward domestic consumption. Indonesia government raised Rp 15 trillion ($1.3 billion) from the sale of treasury bonds and bills, reflecting the growing confidence of foreign investors in the nation’s economy. Confidence in Indonesia’s economy has improved after President-elect Joko Widodo secured his victory in the July 9 presidential election. South Korean CPI rose to 0.2%, from 0.1% in the preceding month.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2288.63	22.58	1.00
Hang Seng	25317.95	568.93	2.30
Jakarta Composite	5224.14	22.55	0.43
KLSE Composite	1864.87	-2.82	-0.15
Nikkei 225	15728.35	59.75	0.38
Straits Times	3348.77	20.47	0.62
KOSPI Composite	2051.20	-0.38	-0.02
Taiwan Weighted	9450.35	50.63	0.54

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