Asian markets ended mostly higher on Thursday with Chinese shares gaining after IMF Deputy Director Gita Gopinath said that China could see a sharp recovery in economic growth from the second quarter onwards. However, renewed worries about a recession in the United States limited further gains in Asian equities. Japanese shares dropped from one-month highs tracking overnight falls in Wall Street following hawkish comments on interest rate hikes from St. Louis Fed President James Bullard and Cleveland Fed President Loretta Mester.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,240.28 | 15.87 | 0.49 |
Hang Seng | 21,650.98 | -27.02 | -0.12 |
Jakarta Composite | 6,819.91 | 54.12 | 0.79 |
KLSE Composite | 1,496.22 | 0.72 | 0.05 |
Nikkei 225 | 26,405.23 | -385.89 | -1.46 |
Straits Times | 3,276.18 | -13.37 | -0.41 |
KOSPI Composite | 2,380.34 | 12.02 | 0.50 |
Taiwan Weighted | -- | -- | -- |
