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Asian shares end mixed on profit-taking

22 Oct 2012 Evaluate

Asian shares closed mixed on Monday on profit booking after last week's healthy gains, which came because of data indicating China's economy will pick up in coming years. Moreover, heavy losses on Wall Street pressurized the markets to an extent. Japan’s Nikkei ended marginally up saddled by widening of trade deficit in September. Japan’s Finance Ministry said exports plummeted 10 percent last month from a year earlier, hurt by financial and debt problems in Europe, and a surge in anti-Japanese sentiment in China. Shanghai Composite went home with green mark ahead of key corporate earnings this week, while Hong Kong's Hang Seng index closed in positive territory. However, Seoul shares ended marginally down, followed by downbeat earnings from U.S. firms and worries over a fragile global economy.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,132.76

4.46

0.21

Hang Seng

21,697.55

145.79

0.68

Jakarta Composite

4,341.38

10.12

0.23

KLSE Composite

1,661.95

-4.40

-0.26

Nikkei 225

9,010.71

8.03

0.09

Straits Times

3,045.67

-3.25

-0.11

KOSPI Composite

1,941.59

-2.25

-0.12

Taiwan Weighted

7,373.04

-35.72

-0.48

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