Asian markets end mostly in green on Thursday

20 Apr 2017 Evaluate

Asian equity markets ended mostly in green on Thursday as the yen's strong trend paused, oil prices rebounded from an overnight selloff, and Japan reported stronger-than-expected exports in March. Reports showed that Japan's exports rose at a faster-than-expected 12 percent pace in March, while imports jumped nearly 16 percent from a year earlier. A revival of demand in China helped push exports up 16.4 percent from the year before to 1.3 trillion yen ($11 billion), while exports to the US climbed 3.5 percent to 1.35 trillion yen ($12 billion). Chinese shares ended marginally higher as investors lapped up stocks that would benefit from the newly-launched Xiongan economic zone. However, Japanese stocks ended nearly flat as investors became cautious ahead of global risk events such as the first-round of French presidential elections at the weekend and mounting tensions over North Korea.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,172.10	1.41	0.04
Hang Seng	24,056.98	231.10	0.97
Jakarta Composite	5,595.31	-11.21	-0.20
KLSE Composite	1,741.61	2.66	0.15
Nikkei 225	18,430.49	-1.71	-0.01
Straits Times	3,137.88	11.60	0.37
KOSPI Composite	2,149.15	10.75	0.50
Taiwan Weighted	9,632.69	-7.25	-0.08

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