Asian markets ended mostly higher on Wednesday, despite overnight lackluster close on Wall Street. Global investors kept an eye on stimulus negotiations and impeachment proceedings. Optimism over more US fiscal stimulus and declining Covid-19 infections rates too supported market sentiments. Meanwhile, cautious investors are stayed away from making big bets ahead of the Lunar New Year holidays in China, which begins on Thursday. The latest Chinese inflation and bank lending data underscored a recovery in the world's second-largest economy. Japanese shares closed higher amid robust corporate earnings.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,655.09 | 51.60 | 1.43 |
Hang Seng | 30,038.72 | 562.53 | 1.91 |
Jakarta Composite | 6,201.83 | 20.16 | 0.33 |
KLSE Composite | 1,596.85 | 10.72 | 0.68 |
Nikkei 225 | 29,562.93 | 57.00 | 0.19 |
Straits Times | 2,925.84 | -9.43 | -0.32 |
KOSPI Composite | 3,100.58 | 15.91 | 0.52 |
Taiwan Weighted | - | - | - |