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Asian markets end mostly in red on Wednesday

06 Jan 2016 Evaluate

Asian equity markets ended mostly in red on Wednesday as a nuclear test by North Korea heightened concerns for investors already fretting over the slowdown in China. North Korea confirmed today that it carried out a nuclear test, claiming it was a hydrogen bomb detonation. The announcement followed a 5.1-magnitude earthquake that was detected at North Korea's nuclear test site. Japanese shares fell for a third day after oil resumed declines and the yen vaulted to a near three-month high against the dollar in the wake of weak economic data from China and rising tensions in the Middle East. However, China stocks ended higher, led by a surge in resources shares, on hopes that regulators will extend a ban on share sales by major stakeholders as Beijing scrambled to avert a potential repeat of last summer's market crash.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite3,361.84 74.132.25
Hang Seng20,980.81-207.91-0.98
Jakarta Composite4,608.98 51.161.12
KLSE Composite1,667.972.270.14
Nikkei 22518,191.32-182.68-0.99
Straits Times2,804.27 -29.96-1.06
KOSPI Composite1,925.43-5.10-0.26
Taiwan Weighted7,990.39 -84.72-1.05