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MoneyWorks4Me

Asian markets end mostly lower on Wednesday

09 Mar 2016 Evaluate

Asian markets ended mostly lower on Wednesday, as weaker-than-expected trade figures from the world's second-biggest economy revived concerns about global growth. Japanese shares fell to a more than one-week low as a stronger yen continued to undermine sentiment and pressure exporters. Hong Kong stocks slipped, dragged down by resources and energy shares as a renewed tumble in commodity prices prompted investors to take profits from a recent rally. The overnight sharp slide in oil from recent lows also proved worrisome for investors although they showed some stability in Asian trade.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,862.56 -38.83-1.34
Hang Seng19,996.26 -15.32-0.08
Jakarta Composite---
KLSE Composite1,686.35 -1.51-0.09
Nikkei 22516,642.20 -140.95-0.84
Straits Times2,810.43 31.661.14
KOSPI Composite1,952.95 6.830.35
Taiwan Weighted8,634.11 -30.20-0.35