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Most of the Asian markets ended in red

15 Nov 2012 Evaluate

Asian markets made a weak ending on Thursday and while the Japanese market was up by around 2% most of the Asian peers ended with cut of over a percent. Japanese Nikkei surged on speculation that a change of government may result in more stimulus for the economy. On the other hand Chinese Shanghai Composite declined by over a percent as Xi Jinping replaced Hu Jintao as head of the Chinese Communist Party. However, data showed a slowdown in China may be ending.

Jakarta Composite and KLSE Composite remained closed.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,030.29

-25.13

-1.22

Hang Seng

21,108.93

-333.06

-1.55

Nikkei 225

8,829.72

164.99

1.90

Straits Times

2,945.92

-32.11

-1.08

KOSPI Composite

1,870.72

-23.32

-1.23

Taiwan Weighted

7,143.84

-15.91

-0.22

 

 

 

 

 

 

 

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