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Asian markets made a mixed closing on year’s last session

31 Dec 2012 Evaluate

Asian markets made a mixed closing on the final day of year 2012, though all the indices were not trading and some had a short trading session on the New Year eve, but there was cautiousness across the globe regarding the US fiscal cliff and they even overlooked encouraging Chinese manufacturing data. The HSBC manufacturing purchasing managers' index rose to 51.5 in December from 50.5 in November. Total new orders increased at the quickest pace since January 2011 despite a fall in new export orders. China's Shanghai Composite index rallied over one and half a percent to its highest level since June 20.

The financial markets in South Korea, Japan, Taiwan and Indonesia were closed for public holidays, while Hong Kong traded for half day.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,269.13

35.88

1.61

Hang Seng

22,656.92

-9.67

-0.04

KLSE Composite

1,688.95

7.62

0.45

Straits Times

3,167.08

-24.72

-0.77

Jakarta Composite

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Nikkei 225

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KOSPI Composite

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Taiwan Weighted

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