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Asian markets end mostly higher on Thursday

21 Jan 2021 Evaluate

Asian markets ended mostly higher on Thursday amid hopes of more US fiscal stimulus measures to fight the corona virus-led economic slump in the world’s largest economy. Meanwhile, investors cheered  after Joe Biden was sworn in as the new US President. Chinese shares rose amid reports that China’s three biggest telecommunication firms filed a request with the New York Stock Exchange, seeking to review their delistings. Further, Japanese shares gained as the Bank left its monetary policy unchanged and raised the growth projections.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,621.2638.171.07

Hang Seng

29,927.76-34.71-0.12

Jakarta Composite

6,413.89-15.87-0.25

KLSE Composite

1,594.80-6.74-0.42

Nikkei 225

28,756.86233.600.82

Straits Times

3,017.1518.380.61

KOSPI Composite

3,160.8446.291.49

Taiwan Weighted

16,153.77347.592.20