Most Asian stock markets ended lower ahead of release of economic data from China on Friday. Japan’s Nikkei went home with red mark reacting to a slight strengthening in the yen against U.S dollar. Investors were traded cautiously ahead of European Central Bank (ECB) policy decision and remarks from ECB president Mario Draghi on prospects for the euro zone economy. Shanghai shares closed the shutter on negative note taking a break after eight-day’s rising streak, as investors took some profits on Chinese financials after the central bank stressed the need to tackle inflation and speculative housing demand.
Taiwan Weighted was shut for the trade today.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,418.53 | -15.95 | -0.66 |
Hang Seng | 23,177.00 | -79.93 | -0.34 |
Jakarta Composite | 4,503.15 | 4.17 | 0.09 |
KLSE Composite | 1,619.57 | 5.43 | 0.34 |
Nikkei 225 | 11,357.07 | -106.68 | -0.93 |
Straits Times | 3,261.77 | -14.76 | -0.45 |
KOSPI Composite | 1,931.77 | -4.42 | -0.23 |
Taiwan Weighted | - | - | - |