Asian equity markets ended higher on Thursday, with a rebound in crude oil prices and rising optimism about the US economy lending some support. Chinese shares reversed earlier losses to end higher, led by gains in realty and infrastructure stocks, after reports suggested that the central bank is likely to inject funds via its medium-term lending facility on Friday. Further, Japanese shares eked out modest gains as crude prices inched higher and the yen held steady around the 114 level following the release of strong trade and investment data. Meanwhile, the Indonesian market was closed in observance of Wesak Day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,061.50 | 8.72 | 0.29 |
Hang Seng | 25,125.55 | 110.13 | 0.44 |
Jakarta Composite | - | - | - |
KLSE Composite | 1,775.39 | 8.83 | 0.50 |
Nikkei 225 | 19,961.55 | 61.46 | 0.31 |
Straits Times | 3,271.11 | 21.14 | 0.65 |
KOSPI Composite | 2,296.37 | 26.25 | 1.16 |
Taiwan Weighted | 10,001.48 | 33.16 | 0.33 |
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