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Asian markets end mostly higher after US jobs data

04 Feb 2013 Evaluate

Asian markets ended mostly higher Monday as positive economic data from U.S. supported markets, raising the expectations that the Federal Reserve will maintain its ultra-easy monetary policy for the foreseeable future. China's Shanghai Composite closed the shutter on positive note, helped by upbeat service-sector data. Japan’s Nikkei went home with green mark, reacting to the 1.2% gain that the dollar made against the yen on Friday, pushing the market to a new 33-month high. However, South Korea's Kospi Composite closed lower as local automakers retreated as the yen continued to weaken, benefitting their Japanese rivals.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,428.15

9.13

0.38

Hang Seng

23,658.01

-36.83

-0.16

Jakarta Composite

4,490.56

8.93

0.20

KLSE Composite

1,634.55

7.00

0.43

Nikkei 225

11,260.35

69.01

0.62

Straits Times

3,297.37

6.23

0.19

KOSPI Composite

1,953.21

-4.58

-0.23

Taiwan Weighted

7,923.16

67.19

0.86

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