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MoneyWorks4Me

Asian markets end mix amid ECB hopes

17 Aug 2012 Evaluate

Asian markets closed shutter on a mixed note on Friday amid German Chancellor Angela Merkel voiced support for the European Central Bank's efforts to contain the debt crisis in the euro zones. South Korea's Kospi was dropped by 0.5%, as foreign investors offloaded Samsung Electronics, on the back some disputes between the Korean electronics giant and Apple affected investor sentiment, while weaker yen supported Japan's Nikkei, which was up 0.8%. Meanwhile, Hong Kong shares were up on Friday, ended the week almost where they started, helped by broad strength in riskier sectors.

Jakarta Composite was not trading as Indonesian banks, the stock exchange and other financial institutions will be closed for five days, from Friday until Wednesday, due to public and Idul Fitri holidays.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,114.89

2.69

0.13

Hang Seng

20,116.07

153.12

0.77

Jakarta Composite

-

-

-

KLSE Composite

1,649.79

-0.30

-0.02

Nikkei 225

9,162.50

69.74

0.77

Straits Times

3,062.11

-0.78

-0.03

KOSPI Composite

1,946.54

-11.37

-0.58

Taiwan Weighted

7,467.92

-22.29

-0.30