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Asian markets end mixed after volatile trade

18 Jan 2012 Evaluate

Asian markets ended mixed on Wednesday, there was some upmove in early trade on the back of upbeat US and German data as well as successful bond auctions in Spain and Greece. Investors remained cautious as eurozone fears continued to cast a shadow while financial plays were weighed by disappointing earnings from banking giant Citi.  However drop in Shanghai came amid expectation that Beijing won't ease its monetary policy too much. The mainland Chinese stocks declined, giving up some of their previous session’s gains. China Securities Journal said the government may take steps to bolster long-term investor shareholdings.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,266.38

-31.99

-1.39

Hang Seng

19,686.92

59.17

0.30

Jakarta Composite

3,978.13

23.37

0.59

Nikkei 225

8,550.58

84.18

0.99

Straits Times

2,795.40

-20.45

-0.73

Seoul Composite

1,892.39

-0.35

-0.02

Taiwan Weighted

7,233.69

12.61

0.17

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