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Asian markets close in green on Friday

23 Feb 2018 Evaluate

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