The Asian equity benchmarks ended mostly in green on Thursday, while Chinese stocks fell the most in two weeks. Japan’s government is preparing a projection of real economic growth of around 1.5% in the next fiscal year after marking its first economic contraction this year since the global financial crisis. The government projection compared with a forecast of 1.4% growth issued in July, and is in line with the Bank of Japan’s growth estimate published in October. The government’s forecast provides the basis for its economic policies, including its annual budget plan for the next fiscal year, which will be decided on January 14. Malaysian Trade Balance rose to 11.13B, from 1.20B in the preceding month. The Central Statistics Agency, or BPS, last week released Indonesia’s latest poverty data, which found that 27.73 million people, or about 11% of the country’s population, lived below the poverty line as of September last year.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,293.46 | -80.50 | -2.39 |
Hang Seng | 23,835.53 | 154.27 | 0.65 |
Jakarta Composite | 5,211.83 | 4.71 | 0.09 |
KLSE Composite | 1,728.06 | 18.88 | 1.10 |
Nikkei 225 | 17,167.10 | 281.77 | 1.67 |
Straits Times | 3,345.11 | 46.75 | 1.42 |
KOSPI Composite | 1,904.65 | 20.82 | 1.11 |
Taiwan Weighted | 9,238.03 | 157.94 | 1.74 |