Tracking positive global markets, Asian shares ended higher on Wednesday amid hopes of a deal from US budget talks. Meanwhile, investors were expecting more stimulus measures from the Federal Reserve, when it ends its two-day policy meeting later in the day. Chinese markets went home with green mark ahead of annual Central Economic Work Conference, while Hong Kong’s market closed higher after hovering around a fresh 16-month high, as city's biggest mover Guoco Corp. was surged by 30.6%. Moreover, Japan’s Nikkei ended higher as some exporters supported by a weaker yen, while South Korea's Kospi closed shutter with green mark, after its largest constituent, Samsung Electronics continued to gain after rising 5.0% month on Tuesday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,082.73 | 8.02 | 0.39 |
Hang Seng | 22,503.35 | 179.41 | 0.80 |
Jakarta Composite | 4,337.53 | 19.61 | 0.45 |
KLSE Composite | 1,649.75 | 8.18 | 0.50 |
Nikkei 225 | 9,581.46 | 56.14 | 0.59 |
Straits Times | 3,141.57 | 23.24 | 0.75 |
KOSPI Composite | 1,975.44 | 10.82 | 0.55 |
Taiwan Weighted | 7,690.19 | 76.50 | 1.00 |