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Asian markets end mostly in green on Tuesday

27 Dec 2016 Evaluate

Asian equity markets ended mostly in green on Tuesday. Japanese shares were modestly higher, buoyed by a weaker yen, even after the release of sluggish economic reports. Japan's core consumer prices marked the ninth straight month of annual declines in November and household spending fell an annual 1.5 percent in the month while the jobless rate climbed to 3.1 percent from 3.0 percent in the previous month. Meanwhile, Chinese shares ended lower in light trading, despite official data showing that China's industrial profits grew at a faster pace in November from a year ago. Industrial profits surged 14.5 percent year-over-year to CNY 774.6 billion, well above the 9.8 percent climb in October. During the January to November period, total industrial profits rose 9.4 percent compared with the same period last year. Markets in Hong Kong remained closed for public holidays.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,114.66

-7.9

-0.25

Hang Seng

-

-

-

Jakarta Composite

5,102.95

75.25

1.5

KLSE Composite

1,619.68

2.53

0.16

Nikkei 225

19,403.06

6.42

0.03

Straits Times

2,885.76

14.71

0.51

KOSPI Composite

2,042.17

4.42

0.22

Taiwan Weighted

9,109.27

-1.27

-0.01

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