Asian markets ended mixed on Wednesday as investors awaited more clues on trade and the global economy. Concerns about the prospect of a so-called hard Brexit persisted and Weak data from Japan kept the market sentiment cautious. Meanwhile, China's central bank on Wednesday reduced its 14-day reverse repurchase rate marginally after cutting the short-term 7-day repo rate a month ago. The People's Bank of China also injected CNY 200 billion into the financial system via reverse repurchase agreements to meet liquidity demand. Japanese shares closed down on growth worries after official data showed the country's exports decreased for the 12th consecutive month in November. Exports fell 7.9 percent on a yearly basis in November - slower than the 8.8 percent fall street had expected. Exports to the United States decreased 12.9 percent while that to China were down 5.4 percent.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,017.04 | -5.38 | -0.18 |
Hang Seng | 27,884.21 | 40.50 | 0.15 |
Jakarta Composite | 6,287.25 | 42.90 | 0.69 |
KLSE Composite | 1,599.11 | 1.41 | 22.16 |
Nikkei 225 | 23,934.43 | -131.69 | -0.55 |
Straits Times | 3,209.54 | 8.74 | 0.27 |
KOSPI Composite | 2,194.76 | -0.92 | -0.04 |
Taiwan Weighted | 12,122.45 | 25.44 | 0.21 |
