Asian markets close mostly in green on Thursday

15 Feb 2018 Evaluate

Asian stocks closed mostly in green on Thursday as investors brushed aside concerns that the Federal Reserve could move more quickly to raise short-term interest rates to tame inflation. Trading activity remained relatively thin across the region as some of the markets were closed for public holidays. Markets in Taiwan and China were closed for the Lunar New Year holidays, while the South Korean markets were closed for Seollal Day. Hong Kong shares ended a shortened trading day nearly 2 percent higher, led by financials and information technology companies. The Singapore stock market also closed early at noon for the Lunar New Year holiday. Meanwhile, Japanese shares posted solid gains following three successive days of losses that took the Nikkei average to a four-month low on Wednesday. The gain came despite a firmer yen and the release of mixed industrial output and core machinery orders data. Japan's industrial production grew more than initially estimated in December, while core machinery orders tumbled 11.9 percent from the previous month, separate reports showed.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	-	-	-
Hang Seng	31,115.43	599.83	1.97
Jakarta Composite	6,591.58	-2.82	-0.04
KLSE Composite	1,838.28	3.35	0.18
Nikkei 225	21,464.98	310.81	1.47
Straits Times	3,443.51	40.65	1.19
KOSPI Composite	-	-	-
Taiwan Weighted	-	-	-

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