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MoneyWorks4Me

Asian markets end mostly in green on Wednesday

23 Dec 2015 Evaluate

Asian equity markets ended mostly in green on Wednesday, with buying supported by Wall Street rally as positive reading on US growth and consumer spending buoyed optimism about the recovery in the world's largest economy. Hong Kong stocks ended higher, aided by strength on Wall Street, and a sharp rebound in energy shares after oil prices bounced off 11-year lows. Overall gains, however, were limited by a lack of investor participation in a holiday-shortened week. Chinese shares reversed early gains to end lower as investors sold shares to subscribe to upcoming IPOs. The Japanese market was closed in observance of the Emperor's Birthday.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite3,636.09 -15.68-0.43
Hang Seng22,040.59210.570.96
Jakarta Composite4,522.655.090.11
KLSE Composite1,663.5120.251.23
Nikkei 225---
Straits Times2,863.65 10.680.37
KOSPI Composite1,999.226.660.33
Taiwan Weighted8,315.70 22.960.28