Asian markets ended higher on Wednesday on expectations that Chinese policymakers will unveil more stimulus measures to support an economic growth jolted by the fast-spreading corona virus outbreak. Chinese shares ended higher after a survey showed China's private sector logged a moderate growth in January. Total new orders received by service providers expanded at a softer rate, in spite of a stronger increase in new work from abroad. Further, Japanese shares ended higher as weaker safe-haven yen buoyed investor sentiment amid easing global worries about the corona virus outbreak.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,818.09 | 34.80 | 1.25 |
Hang Seng | 26,786.74 | 110.76 | 0.42 |
Jakarta Composite | 5,978.51 | 56.17 | 0.95 |
KLSE Composite | 1,536.79 | 0.99 | 0.06 |
Nikkei 225 | 23,319.56 | 234.97 | 1.02 |
Straits Times | 3,200.13 | 43.56 | 1.38 |
KOSPI Composite | 2,165.63 | 7.73 | 0.36 |
Taiwan Weighted | 11,573.62 | 17.70 | 0.15 |