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Asian markets end mostly in green on Thursday

24 Jan 2019 Evaluate

Asian markets ended mostly higher on Thursday after US stocks fluctuated before ending higher overnight, reflecting positive reaction to quarterly results from the likes of IBM, United Technologies and Procter & Gamble. Though, the upside remained capped by fears over slackening global growth, a US government shutdown and the Sino-US trade conflict. Chinese Vice Premier Liu He will visit the United States next week for the next round of trade negotiations with Washington, following high-level talks between the world's two largest economies at the start of the year. Japanese shares ended marginally lower after data showed the manufacturing sector in Japan slipped into stagnation in January. The manufacturing PMI stood at 50.0, down from 52.6 in December.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,591.69
10.69
0.41

Hang Seng

27,120.98
112.78
0.42

Jakarta Composite

6,466.66
15.49
0.24

KLSE Composite

1,693.59

5.45

0.32

Nikkei 225

20,574.63
-19.09
-0.09

Straits Times

3,190.73
19.62
0.62

KOSPI Composite

2,145.03
17.25
0.81

Taiwan Weighted

9,877.12
30.72
0.31