Asian markets ended mostly higher on Thursday. Seoul shares gained with expectations for global economic rebound despite inflation worries. US Treasury Secretary Janet Yellen clarified that she wasn’t forecasting interest-rate increases to rein in any inflation spurred by President Joe Biden’s proposed spending. Japanese shares also posted strong gains as traders returned to their desks after a five-day holiday. Although, Japan considering extending a state of emergency in Tokyo and other major urban areas to contain infections that are straining the capital's medical system. Chinese shares ended lower on Sino-West tensions, and also on resumed trading for the first time since last week.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,441.28 | -5.58 | -0.16 |
Hang Seng | 28,637.46 | 219.48 | 0.77 |
Jakarta Composite | 5,970.24 | -5.67 | -0.09 |
KLSE Composite | 1,578.33 | 2.66 | 0.17 |
Nikkei 225 | 29,331.37 | 518.74 | 1.80 |
Straits Times | 3,173.00 | 19.41 | 0.62 |
KOSPI Composite | 3,178.74 | 31.37 | 1.00 |
Taiwan Weighted | 16,994.36 | 150.92 | 0.90 |
