Asian markets end mostly up on Wednesday

11 Jan 2012 Evaluate

Most of the Asian markets ended higher on Wednesday, with resource and financial-sector stocks underpinning the gains after a strong performance for global equities and commodities a day earlier. Overall market sentiment remained cautious about the prospects of Europe extricating itself from its deep-rooted debt problems any time soon. Meanwhile, Nikkei edged higher, taking comfort from a rise on Wall Street, though the debt turmoil in the euro zone capped gains. However, South Korean stocks ended lower, dragged down by computer-driven programme selling a day before options expiry. Chinese stocks declined for the first time in four trading days, as coal miners returned some of this week’s advances on profit-taking.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,276.05	-9.70	-0.42
Hang Seng	19,151.94	147.66	0.78
Jakarta Composite	3,909.64	-29.20	-0.74
Nikkei 225	8,447.88	25.62	0.30
Straits Times	2,747.13	27.30	1.00
Seoul Composite	1,845.55	-7.67	-0.41
Taiwan Weighted	7,188.21	9.34	0.13

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