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Asian markets end mixed on Wednesday

18 Oct 2017 Evaluate

Asian equity markets made a mixed closing on Wednesday as China's ruling Communist Party began its week-long once-in-a-five-year Congress and a survey showed Japanese Prime Minister Shinzo Abe's coalition is on track for a roughly two-thirds majority in Sunday's general election. Chinese shares firmed up after President Xi Jinping conveyed a positive view of the economy, but made a rare acknowledgement of grim challenges facing the country. Japanese shares closed higher for a 12th day in a row, getting a lift from hopes that this weekend’s election will produce political stability and continuation of loose monetary policy. Meanwhile, markets in Malaysia and Singapore were closed for Deepavali.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,381.799.750.29

Hang Seng

28,711.7614.270.05

Jakarta Composite

5,929.20-18.13-0.30

KLSE Composite

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Nikkei 225

21,363.0526.930.13

Straits Times

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KOSPI Composite

2,482.91-1.46-0.06

Taiwan Weighted

10,720.28-2.87-0.03

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