Asian market ended mostly higher on Wednesday, tracking Wall Street’s gains overnight on hopes that the incoming Biden administration would ramp up US distribution of Covid-19 vaccines and spend more on fiscal stimulus to help the US economy. Japanese shares ended higher even after the government plans to expand the nation's second state of emergency to seven more prefectures as the corona virus pandemic worsened in areas beyond Tokyo. However, Chinese shares ended lower amid lingering worries over Sino-US tensions as Donald Trump's administration pushed through a ban on Americans investing in 35 firms it considers to be linked to China's military, while surging corona virus infections too added pressure on sentiment. .
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,598.65 | -9.69 | -0.27 |
Hang Seng | 28,235.60 | -41.15 | -0.15 |
Jakarta Composite | 6,435.20 | 39.53 | 0.62 |
KLSE Composite | 1,636.69 | 24.65 | 1.53 |
Nikkei 225 | 28,456.59 | 292.25 | 1.04 |
Straits Times | 2,977.51 | 0.34 | 0.01 |
KOSPI Composite | 3,148.29 | 22.34 | 0.71 |
Taiwan Weighted | 15,769.98 | 269.28 | 1.74 |
