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MoneyWorks4Me

Asian markets end in red on Thursday

21 Jan 2016 Evaluate

Asian equity markets ended in red on Thursday, a day after global turmoil saw billions of dollars wiped off the value of shares. China's fragile stock markets ended sharply lower on Thursday as oil prices gave up the day's rally from 13-year lows. China's central bank has decided to inject over 600 billion yuan ($91.19 billion) into the financial system ahead of the Lunar New Year holidays, dashing hopes of a cut in the reserve requirement ratio for banks. Japanese stocks plunged deeper into a bear market, wiping out gains from early in the day as global equities rout resumed.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,880.48 -96.21-3.23
Hang Seng18,542.15-344.15-1.82
Jakarta Composite4,414.13 -13.86-0.31
KLSE Composite1,600.92-17.91-1.11
Nikkei 22516,017.26-398.93-2.43
Straits Times2,532.70 -27.07-1.06
KOSPI Composite1,840.53-4.92-0.27
Taiwan Weighted7,664.01 -35.11-0.46