Asian markets ended Wednesday’s trade mostly in green terrain after Wall Street’s main indexes ended sharply higher overnight, led by gains in tech and travel shares. Sentiment remained somewhat supported after U.S. President Biden said it is still possible to reach a deal with Senator Joe Manchin to push the $2 trillion Build Back Better bill through Congress. However, upside remain capped as a jump in coronavirus cases globally threatened economic activity, just days before Christmas and New Year holidays. Chinese shares ended marginally lower despite an assurance from a senior state planner to keep growth stable in the world's second largest economy. Hong Kong’s Hang Seng index rose half a percent as Chinese tech stocks staged a muted rebound.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,622.62 | -2.51 | -0.07 |
Hang Seng | 23,102.33 | 131.00 | 0.57 |
Jakarta Composite | 6,529.59 | -24.72 | -0.38 |
KLSE Composite | 1,500.32 | 7.73 | 0.52 |
Nikkei 225 | 28,562.21 | 44.62 | 0.16 |
Straits Times | 3,087.51 | 2.43 | 0.08 |
KOSPI Composite | 2,984.48 | 9.45 | 0.32 |
Taiwan Weighted | 17,862.83 | 37.56 | 0.21 |