Asian markets ended mixed on Wednesday with some of the regional indices rallying following slew of impressive US data that helped the dollar march towards the 120-yen mark for the first time in seven years. Chinese shares rose, led by brokerages and property developers, as investors bet on further stimulus from the central bank. China’s bonds extended declines after the government sold debt at a higher yield than analysts forecast, a sign of weakening demand for the securities. The growth in China's services sector quickened in November, easing concerns about the economic recovery after recent sluggish manufacturing data. The Japanese stocks market rose on a weaker yen and fairly strong sales data from automakers.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,779.53 | 15.98 | 0.58 |
Hang Seng | 23,428.62 | 225.68 | 0.95 |
Jakarta Composite | 5,166.04 | 9.75 | 0.19 |
KLSE Composite | 1,758.15 | 27.82 | 1.56 |
Nikkei 225 | 17,720.43 | 57.21 | 0.32 |
Straits Times | 3,303.39 | 18.93 | 0.57 |
KOSPI Composite | 1,969.91 | 4.08 | 0.21 |
Taiwan Weighted | 9,175.26 | 140.47 | 1.55 |