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Asian markets end mostly higher on Wednesday

23 Feb 2022 Evaluate

Most of the Asian markets ended higher on Wednesday in cautious trade amid Russia faced mounting pressure and economic sanctions over the Ukraine crisis. Western nations punished Russia with new sanctions for ordering troops into separatist regions of eastern Ukraine and threatened to go further if Moscow launched an all-out invasion of its neighbor. Chinese shares rose sharply after private report stated that regulators asked China Huarong Asset Management Co. and its peers to buy property assets from troubled developers and formulate plans for taking over or restructuring smaller lenders. Japanese market was closed for a public holiday.

Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,489.15

32.00

0.93

Hang Seng

23,660.28

140.28

0.60

Jakarta Composite

6,920.06

58.07

0.85

KLSE Composite

1,586.14

9.18

0.58

Nikkei 225

--

--

--

Straits Times

3,393.00

-7.58

-0.22

KOSPI Composite

2,719.53

12.74

0.47

Taiwan Weighted

18,055.73

86.44

0.48


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