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Asian markets end mostly lower on Thursday

11 Feb 2016 Evaluate

Asian markets ended mostly lower on Thursday, led by sharp drops in Hong Kong and South Korea, which were catching up to global market turmoil after being shut for Lunar New Year holidays. Investor sentiment remained shaky as the oil price recovery proved short lived and Federal Reserve Chair Janet Yellen warned the US economy is facing risks from tightening domestic financial conditions as well as global economic turmoil. She was non-committal on taking a pause in plans to raise interest rates despite emerging headwinds. The markets in China and Taiwan remain closed for the Lunar New Year holiday, while Japan was shut for the National Foundation Day.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite---
Hang Seng18,545.80-742.37-3.85
Jakarta Composite4,775.86 43.380.92
KLSE Composite1,643.95-0.46-0.03
Nikkei 225---
Straits Times2,538.28 -43.82-1.70
KOSPI Composite1,861.54-56.25-2.93
Taiwan Weighted---

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