The Asian markets closed in green on Friday following the lead from Wall Street, with energy firms lifted by a rally in oil prices. The market sentiments improved further after US government debt yields fell from multiyear highs reached on Wednesday, helping ease worries over inflation and higher interest rates. Japanese shares eked out modest gains as bond markets regained stability. Further, Chinese shares extended their rebound, struggling off Beijing’s seizure of high-flying conglomerate Anbang Insurance Group amid signs the government is once again supporting the country’s stock markets after their recent rout.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,289.02 | 20.47 | 0.63 |
Hang Seng | 31,267.17 | 301.49 | 0.97 |
Jakarta Composite | 6,619.80 | 26.74 | 0.41 |
KLSE Composite | 1,861.50 | 6.43 | 0.35 |
Nikkei 225 | 21,892.78 | 156.34 | 0.72 |
Straits Times | 3,533.22 | 44.76 | 1.28 |
KOSPI Composite | 2,451.52 | 37.24 | 1.54 |
Taiwan Weighted | 10,794.55 | 132.17 | 1.24 |