Asian equity markets ended mostly higher on Wednesday, with Japanese shares leading regional gains as trading resumed after a long holiday weekend. The yen softened in the wake of upbeat global economic data and the latest survey from Nikkei revealing its gauge of Japan's manufacturing activity hit a one-year high in December on the back of a sharp rise in production as well as new orders. A firm undertone prevailed as oil recovered some lost ground ahead of US stockpile data and upbeat economic reports from the US, China and Europe bolstered optimism about the 2017 economic outlook. Further, Chinese shares ended higher as improving liquidity in money markets and moderating interest rates lifted market sentiment.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,158.79 | 22.87 | 0.73 |
Hang Seng | 22,134.47 | -15.93 | -0.07 |
Jakarta Composite | 5,301.18 | 25.21 | 0.48 |
KLSE Composite | 1,647.47 | 11.94 | 0.73 |
Nikkei 225 | 19,594.16 | 479.79 | 2.51 |
Straits Times | 2,921.31 | 22.34 | 0.77 |
KOSPI Composite | 2,045.64 | 1.67 | 0.08 |
Taiwan Weighted | 9,286.96 | 14.08 | 0.15 |
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