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Asian markets end mixed on Wednesday

17 Aug 2011 Evaluate

Asian equity indices finished the day’s trade on the mixed note on Wednesday as investors remained worried over slower global economic growth. China’s benchmark index ended down by about 0.30 percent, dragged down by materials and energy firms, as marketmen are concerned about further tightening after the central bank’s one-year bill yield rose unexpectedly at auction on Tuesday. However, Hong Kong’s Hang Seng gained about 0.40 percent, buoyed by a visit by Chinese vice Premier Li Keqiang, including a pledge to expand the role of Hong Kong as an offshore trading center for China’s yuan currency. Moreover, stock markets in Indonesia remained closed for the trade on account of Independence Day holiday.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,601.26

-6.91

-0.26

Hang Seng

20,289.03

76.95

0.38

KLSE Composite

1,503.07

4.83

0.32

Nikkei 225

9,057.26

-50.17

-0.55

Straits Times

2,828.53

-4.20

-0.15

Seoul Composite

1,892.67

12.80

0.68

Taiwan Weighted

7,741.76

-56.83

-0.73

Jakarta Composite

-

-

-

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