Asian markets ended mostly higher on Wednesday as earlier concerns about the coronavirus outbreak in China abated. The World Health Organization (WHO) is expected to declare a Public Health Emergency of International Concern in response to the coronavirus outbreak which appears to have originated in eastern China, and spread to more Chinese cities including Beijing and Shanghai. Seoul shares ended higher after data showed South Korea's government spending surge helped the economy post its fastest quarterly growth in more than two years. Though, Malaysian shares ended lower after government report showed that the country's consumer price inflation rose 1% year-on-year in December, following a 0.9% increase in November.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,060.75 | 8.61 | 0.28 |
Hang Seng | 28,341.04 | 355.71 | 1.27 |
Jakarta Composite | 6,233.45 | -4.70 | -0.08 |
KLSE Composite | 1,577.98 | -9.35 | -0.59 |
Nikkei 225 | 24,031.35 | 166.79 | 0.70 |
Straits Times | 3,253.93 | 6.76 | 0.21 |
KOSPI Composite | 2,267.25 | 27.56 | 1.23 |
Taiwan Weighted | - | - | - |
