MoneyWorks4Me

Asian markets end mostly higher

02 Nov 2012 Evaluate

Most Asian markets closed the shutter with green mark on the back of positive U.S. economic data, which has raised hopes of a global recovery. Regional stocks ended higher ahead of next week's meeting of the 18th National Congress of the Communist Party in Beijing. Hong Kong market touched its highest level since August 2011 lightened up by strength in Chinese financials and growth-sensitive sectors. Japan's Nikkei ended at a one-week high as a weaker yen underpinned demand for shares.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,117.05

12.62

0.60

Hang Seng

22,111.33

289.46

1.33

Jakarta Composite

4,338.89

3.53

0.08

KLSE Composite

1,656.13

-19.56

-1.17

Nikkei 225

9,051.22

104.35

1.17

Straits Times

3,040.75

14.14

0.47

KOSPI Composite

1,918.72

20.28

1.07

Taiwan Weighted

7,210.47

30.83

0.43