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Asian markets end higher on Friday

16 Sep 2016 Evaluate

The Asian markets ended higher on Friday, as a slew of weak US economic reports reduced the chances of a Federal Reserve rate hike next week. The markets in the region rebounded further following a sharp rise in Apple shares overnight, which boosted major US indexes. Though, overall gains remained capped somewhat outside Australia and India, as oil prices drifted lower in Asian deals on expectations of more supply from Nigeria and Libya, and the safe-haven Japanese yen firmed up ahead of BOJ's comprehensive review of its easing program. The markets in China, Hong Kong, Malaysia, South Korea and Taiwan were closed for the Mid-Autumn festival.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

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Hang Seng

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Jakarta Composite

5,267.77 1.950.04

KLSE Composite

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Nikkei 225

16,519.29 114.280.70

Straits Times

2,827.45 21.930.78

KOSPI Composite

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Taiwan Weighted

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