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Asian markets end mostly in green on Friday

05 Dec 2014 Evaluate

Almost all the Asian equity benchmarks barring Taiwan Weighted, ended higher on Friday, as expectations of more stimulus from central banks in Japan and China helped cushion the disappointment over the lack of clarity from European Central Bank Mario Draghi on deploying additional monetary stimulus to mitigate deflation risks. Chinese shares ended an extremely volatile session sharply higher, led by gains in financials. Japanese stocks too strengthened, as a weaker yen boosted exporter shares. The dollar rose above the 120-yen mark for the first time in seven-and-a-half years amid fresh signs of resilience in the world's largest economy.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,937.65

38.19

1.32

Hang Seng

24,002.64

170.08

0.71

Jakarta Composite

5,187.99

10.83

0.21

KLSE Composite

1,749.37

3.68

0.21

Nikkei 225

17,920.45

33.24

0.19

Straits Times

3,324.39

19.57

0.59

KOSPI Composite

1,986.62

0.01

0.00

Taiwan Weighted

9,206.57

-18.54

-0.20