MoneyWorks4Me

Asian stock markets end mostly lower

05 Feb 2013 Evaluate

Asian stock markets ended mostly lower on Tuesday as Wall Street and European shares were hit by political concerns in Spain and Italy. Japanese stocks closed lower snapping the recent rallies on the back of weak yen as investors looked to book profits. Hong Kong ended lower, weighted down by Sinopec Corp, which plummeted 2.9 % after the Chinese state-owned oil company, Asia's biggest refiner, said it was raising $3.1 billion through a share placement. In mainland China, the Shanghai Composite went home with green mark amid positive economic data.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,433.13

4.98

0.20

Hang Seng

23,148.53

-536.48

-2.27

Jakarta Composite

4,479.44

-11.12

-0.25

KLSE Composite

1,633.35

-1.20

-0.07

Nikkei 225

11,046.92

-213.42

-1.90

Straits Times

3,272.66

-24.71

-0.75

KOSPI Composite

1,938.18

-15.03

-0.77

Taiwan Weighted

7,886.94

-36.22

-0.46