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Asian markets end higher on Friday

11 Mar 2016 Evaluate

Asian markets ended higher on Friday, on track for weekly gains, shrugging off global losses logged after the European Central Bank eased aggressively but suggested it was running out of room to cut interest rates even if other stimulus options remained. Japanese stocks ended higher as oil prices rebounded from overnight losses and the yen weakened following some initial strength. China stocks ended slightly higher, reversing initial losses, as the banking sector regained some composure amid expectations that China's securities regulator would provide some market-friendly comments at a press conference to be held in Beijing on Saturday.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,810.31 5.58 0.20
Hang Seng20,199.60 215.181.08
Jakarta Composite4,813.78 20.580.43
KLSE Composite1,696.54 5.630.33
Nikkei 22516,938.87 86.520.51
Straits Times2,828.86 19.740.70
KOSPI Composite1,971.41 2.080.11
Taiwan Weighted8,706.14 45.440.52