Asian equity markets ended in green on Friday, despite a lack of direction from US markets that were shut on Thursday for the Thanksgiving holiday. While oil prices treaded water in Asian trade ahead of next week's OPEC meeting, the Yuan traded slightly firmer after having touched an eight-year low versus the dollar the previous day on expectations of higher US interest rates going forward. Japanese shares ended higher after the dollar jumped further against the yen, boosting prospects for better corporate earnings. Further, Chinese shares ended higher as investors continued to scoop up blue-chips on signs that the economy is on steadier footing.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,261.94 | 20.20 | 0.62 |
Hang Seng | 22,723.45 | 114.96 | 0.51 |
Jakarta Composite | 5,122.10 | 14.48 | 0.28 |
KLSE Composite | 1,627.26 | 3.05 | 0.19 |
Nikkei 225 | 18,381.22 | 47.81 | 0.26 |
Straits Times | 2,859.33 | 15.61 | 0.55 |
KOSPI Composite | 1,974.46 | 3.20 | 0.16 |
Taiwan Weighted | 9,159.07 | 6.96 | 0.08 |