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Asian markets end mostly higher on Wednesday

15 Feb 2017 Evaluate

Asian equity markets ended mostly higher on Wednesday as wall street touched record highs overnight after Federal Reserve Chair Janet Yellen painted a largely upbeat picture of the world's largest economy during the first day of her two-day testimony and indicated the central bank could raise short-term interest rates at its next policy meeting in March. Japanese shares rose sharply as the yen's weakness lifted exporters and the prospects of a US rate rise lifted US Treasury yields and helped spur a broad-based rally in banks and insurers. However, Chinese stocks ended lower, as technology and resource stocks took a breather after their recent strong rally.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,212.99

-4.94

-0.15

Hang Seng

23,994.87

291.86

1.23

Jakarta Composite

-

-

-

KLSE Composite

1,709.79

0.89

0.05

Nikkei 225

19,437.98

199.00

1.03

Straits Times

3,088.48

16.01

0.52

KOSPI Composite

2,083.86

9.29

0.45

Taiwan Weighted

9,799.76

80.98

0.83

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