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Asian markets end mixed ahead of Federal Reserve meeting

10 Sep 2012 Evaluate

Asian markets ended mixed on Monday, on the back of weak data from China and the United States which raised hopes for new stimulus measures ahead of Federal Reserve meeting. Japan's Nikkei 225 ended lower on the government’s statement that the economy grew at a slower pace than earlier estimated for the April-June quarter. Growth stood at an annual 0.7%, slower than the 1.4% given in August. Meanwhile, Hong Kong shares held on to gains on Monday despite less contribution from the investors after last week's sharp run-up as optimism over Chinese infrastructure spending was tempered by weak monthly trade data that pointed to a worsening economic outlook.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,134.89

7.13

0.34

Hang Seng

19,827.17

25.01

0.13 

Jakarta Composite

4,160.66

16.98

0.41

KLSE Composite

1,621.04

-3.51

-0.22

Nikkei 225

8,869.37

-2.28

-0.03

Straits Times

3,008.72

-2.98

-0.10

KOSPI Composite

1,924.70

-4.88

-0.25

Taiwan Weighted

7,482.74

57.83

0.78

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