Asian markets made a mixed closing on Wednesday

27 Sep 2017 Evaluate

The Asian markets made a mixed closing on Wednesday; some indices in the region remained under pressure since morning after US Federal Reserve Chair Janet Yellen boosted expectations for an interest-rate rise in December and as President Donald Trump prepares to lay out his tax-cut plan. Japanese shares hit 1-1/2 week lows as many heavyweight stocks went ex-dividend, offsetting investor optimism over a declining yen. Though, China's Shanghai Composite index closed marginally higher after official data showed China's industrial profit growth accelerated sharply in August. Industrial profits grew at a faster pace of 24.0 percent year-over-year in August, following a 16.5 percent spike in July. Hong Kong's Hang Seng index too ended up by nearly half a percent for the day.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,345.27	1.69	0.05
Hang Seng	27,642.43	129.42	0.47
Jakarta Composite	5,863.03	-0.93	-0.02
KLSE Composite	1,764.24	-1.35	-0.08
Nikkei 225	20,267.05	-63.14	-0.31
Straits Times	3,236.20	24.11	0.75
KOSPI Composite	2,372.57	-1.75	-0.07
Taiwan Weighted	10,326.68	69.66	0.68

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