Asian markets settled mostly higher on Thursday amid easing concerns over the debt ceiling in Washington after reports that US Congressional Democrats and Republicans could reach a deal to raise the debt limit by a specific amount that would be sufficient to tide the Treasury over until December. Hong Kong shares gained with major property developer stocks leading gains following a promise from the city’s leader in her annual policy address to build hundreds of thousands of new homes. Meanwhile, Chinese market was closed for Golden Week holidays.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 24,701.73 | 735.24 | 3.07 |
Jakarta Composite | 6,416.40 | -0.92 | -0.01 |
KLSE Composite | 1,561.29 | 1.87 | 0.12 |
Nikkei 225 | 27,678.21 | 149.34 | 0.54 |
Straits Times | 3,101.15 | 17.27 | 0.56 |
KOSPI Composite | 2,959.46 | 51.15 | 1.76 |
Taiwan Weighted | 16,713.86 | 320.70 | 1.96 |