Asian markets ended mostly higher on Thursday as Democratic victories in the Georgia runoff elections give US President-elect Joe Biden a clearer path to boosting fiscal stimulus. Chinese shares ended higher after the country's central bank pledged to keep its monetary policy accommodative in 2021, focusing on supporting small firms as the economy recovers. Though, Hong Kong shares declined after the New York Stock Exchange moved to delist Chinese telecoms firms again. Surging infections around the world and lockdowns in major economies added some pressure on market sentiments.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,576.20 | 25.32 | 0.71 |
Hang Seng | 27,548.52 | -143.78 | -0.52 |
Jakarta Composite | 6,153.63 | 87.95 | 1.45 |
KLSE Composite | 1,602.95 | 10.98 | 0.69 |
Nikkei 225 | 27,490.13 | 434.19 | 1.60 |
Straits Times | 2,906.97 | 43.96 | 1.54 |
KOSPI Composite | 3,031.68 | 63.47 | 2.14 |
Taiwan Weighted | 15,214.00 | 230.87 | 1.54 |