Asian equity markets end mixed ahead of US jobs data

03 Feb 2012 Evaluate

Asian stock markets snapped the day’s on mixed note on Friday as many investors took to the sidelines ahead of crucial jobs data from the US later in the global day, with Seoul and Tokyo stocks undermined by largely weaker earnings. The regional mood was subdued after an uninspiring lead from Wall Street on Thursday and protracted Greek debt write-off talks. But, most of the indices reversed their earlier losses and ended in positive terrain. The January US payrolls report was the main focus for markets as investors digested a batch of earnings releases in the region that largely underscored a difficult global growth outlook.

Meanwhile, Hong Kong shares ended in positive territory on Friday, reversing earlier losses, ahead of the release of US jobs figures later in the day while, Shanghai Composite Index ended up 0.80 percent at 2,330.4 points, standing above the key psychological level of 2,300 points. It rose 0.5 percent for the week.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,330.40	17.85	0.77
Hang Seng	20,756.98	17.53	0.08
Jakarta Composite	4,015.95	-0.95	-0.02
Nikkei 225	8,831.93	-44.89	-0.51
Straits Times	2,917.95	16.91	0.58
Seoul Composite	1,972.34	-11.96	-0.60
Taiwan Weighted	7,674.99	22.53	0.29

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