Snapping earlier day’s losses Asian stock markets rebounded and went home with green mark on Friday, tracking technology and oil companies’ gains and overshadowed worries about the uncertain global economy. The technology sector got a boost from the strong orders for Apple's iPhone 5, which went on sale in Asia. Japan's Nikkei ended up on Friday, reversing previous day’s sharp drop as investors relieved from steadiness in U.S. stocks, shrugging off fears over soft manufacturing data from China, Europe and the United States. Hong Kong shares closed in green, boosted by commodities-related sectors, as investors risk appetite increased after oil prices steadied at the end of a volatile week, while Malaysia's KLSE Composite index slipped 0.1%.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,026.69 | 1.85 | 0.09 |
Hang Seng | 20,734.94 | 144.02 | 0.70 |
Jakarta Composite | 4,244.62 | 27.10 | 0.64 |
KLSE Composite | 1,623.70 | -1.89 | -0.12 |
Nikkei 225 | 9,110.00 | 23.02 | 0.25 |
Straits Times | 3,078.23 | 15.62 | 0.51 |
KOSPI Composite | 2,002.37 | 12.04 | 0.60 |
Taiwan Weighted | 7,754.59 | 27.04 | 0.35 |
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