Asian equity benchmarks are trading mixed on Wednesday, with the profit taking after the equities soared in tandem with the firm trend in Wall Street overnight following the upbeat manufacturing data from US improving hopes for economic recovery. The US manufacturing activity soared to its highest level in nearly two years in August. Oil stocks advanced after crude oil prices rose overnight. Japan's Nikkei is trading up as exporting gained with weaker yen. Among the Asian markets, Japan, South Korea, Indonesia and Malaysia are in firm trend. Bucking the trend, Taiwan, Singapore, Hong Kong and China are trading lower.
Nikkei 225 up by 92.73 points, 0.40% to 23,230.80, KOSPI Index lifted by 4.02 points or 0.17% to 2,353.57, Jakarta Composite higher by 0.72 points or 0.01% to 5,311.40, and FTSE Bursa Malaysia KLCI widened by 6.35 points or 0.42% to 1,527.78.
On the flip side, Straits Times down by 7.82 points 0.31% to 2,530.73, Hang Seng dipped by 50.61 points or 0.20% to 25,134.24, Taiwan Weighted diminished 19.83 points or 0.16% to 12,683.45, and Shanghai lower 9.64 points or 0.28% to 3,400.97.
Company Name | CMP |
---|---|
Supreme Industries | 4217.00 |
Astral | 1996.40 |
Finolex Inds | 246.90 |
EPL | 178.10 |
Jain Irrigation Sys | 48.95 |
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