Asian equity markets made a mixed closing on Thursday as investors awaited Chinese GDP data for direction. Chinese shares ended higher after data showed that China's property market remained largely stable in December despite tough purchase restrictions. Data released a while before revealed that the Chinese economy grew an annual 6.9 percent in 2017, up from 6.7 percent in 2016 and marking the first expansion in seven years. Industrial output accelerated slightly in December, while retail sales slowed and fixed-asset investment remained unchanged, separate reports showed. Meanwhile, Japanese shares ended lower after a report showed Japan's industrial production increased less than initially estimated in November.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,474.75 | 30.08 | 0.87 |
Hang Seng | 32,121.94 | 138.53 | 0.43 |
Jakarta Composite | 6,472.67 | 28.15 | 0.44 |
KLSE Composite | 1,821.60 | -7.03 | -0.38 |
Nikkei 225 | 23,763.37 | -104.97 | -0.44 |
Straits Times | 3,521.31 | -20.60 | -0.58 |
KOSPI Composite | 2,515.81 | 0.38 | 0.02 |
Taiwan Weighted | 11,071.57 | 66.77 | 0.61 |
