Asian markets end mixed

17 Sep 2012 Evaluate

Asian markets ended mixed following strong rally after Federal Reserve’s stimulus measures to boost US economy. Shanghai ended lower as Citigroup Inc. trimmed its 2013 growth outlook for China, while Hong Kong shares closed flat as developers' shares were mixed after the Chinese territory's de facto central bank has ordered banks to curb home loans to borrowers with more than one mortgage to prevent the city being flooded with hot money after the United States announced an aggressive new stimulus plan to spur growth. Situation between China and Japan over a group of disputed islands also battered companies with Japan links

The Japanese market was closed today on account of a public holiday on ‘Respect for the Aged Day’, while the Malaysian market remained closed on account of Malaysia Day public holiday.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,078.50

-45.35

-2.14

Hang Seng

20,658.11

28.33

0.14 

Jakarta Composite

4,255.28

-1.71

-0.04

KLSE Composite

-

-

-

Nikkei 225

-

-

-

Straits Times

3,078.72

8.30

0.27

KOSPI Composite

2,002.35

-5.23

-0.26

Taiwan Weighted

7,762.22

24.17

0.31

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