Asian Markets ended mixed amid lack of strong cues from Wall Street overnight and a general sense of lack of direction in the markets. Investors traded cautiously on renewed worries over the euro zone debt crisis after Germany and the European Central Bank dampened hopes for action to drive down borrowing costs. In China, the Shanghai Composite Index jumped over 0.54%, by reports that Chongqing, a huge metropolis in southwestern China, plans to spend $236 billion to upgrade its manufacturing sector, while Tokyo's Nikkei index gave up previous day's rally, as the dollar held on to recent gains against the yen, underlining a continued shift away from the safe haven Japanese currency.
Jakarta and KLSE composite were closed for public holidays.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,118.27 | 11.31 | 0.54 |
Hang Seng | 20,100.09 | -4.18 | -0.02 |
Jakarta Composite | - | - | - |
KLSE Composite | - | - | - |
Nikkei 225 | 9,156.92 | -14.24 | -0.16 |
Straits Times | 3,065.77 | 3.66 | 0.12 |
KOSPI Composite | 1,943.22 | -3.09 | -0.16 |
Taiwan Weighted | 7,506.81 | 74.90 | 1.01 |