Asian markets ended mostly higher on Wednesday amid positive hopes from US fiscal cliff negotiations. Japan's Nikkei ended with strong gains, sending the benchmark over the 10,000-point mark for the first time since April on the back of strong gains for financial and exporter shares and in expectations of more aggressive measures from LDP's Shinzo Abe, who is in charge of the government. However, mainland China shares erased early gains and ended in red.
The South Korean market was closed for the country’s Presidential election.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,162.24 | -0.23 | -0.01 |
Hang Seng | 22,623.37 | 128.64 | 0.57 |
Jakarta Composite | 4,275.86 | -25.58 | -0.59 |
KLSE Composite | 1,665.64 | 6.20 | 0.37 |
Nikkei 225 | 10,160.40 | 237.39 | 2.39 |
Straits Times | 3,158.57 | 1.78 | 0.06 |
KOSPI Composite | - | - | - |
Taiwan Weighted | 7,677.47 | 33.73 | 0.44 |
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