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Asian equity markets end mostly higher as weaker yen lifted Japan’s shares

06 Feb 2013 Evaluate

Asian equity markets recovered from earlier session’s losses and ended mostly higher on Wednesday as solid eurozone data relieved some worries arise by potential political turmoil derailing the region's efforts to resolve its debt crisis. Japan’s Nikkei went home with strong gains after touching 52-month high, as a prospect of a dovish new governor for the Bank of Japan (BoJ) weakened the yen. Shanghai Composite closed marginally higher, ahead of trade and inflation data out on Friday, while Hang Seng made a partial recovery from the sell-off on Tuesday and ended with gains. 

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,434.48

1.35

0.06

Hang Seng

23,256.93

108.40

0.47

Jakarta Composite

4,498.98

19.54

0.44

KLSE Composite

1,614.14

-19.21

-1.18

Nikkei 225

11,463.75

416.75

3.77

Straits Times

3,276.53

3.87

0.12

KOSPI Composite

1,936.19

-1.99

-0.10

Taiwan Weighted

7,906.65

19.71

0.25

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