Asian markets end higher on firm US corporate earnings

13 Feb 2013 Evaluate

Asian markets ended mostly higher on Wednesday, after strong US corporate earnings. KOSPI Composite closed with strong gains as a firmer yen boosted South Korean exporters. Meanwhile investors were traded cautiously ahead of outcome of the G20 finance ministers meeting in Moscow beginning Friday. However, Japan's Nikkei went home with red mark with some weak earnings reports and stronger yen against dollar following a pledge by finance ministers from the world's major advanced economies to refrain from intentionally weakening their currencies.

Mainland Chinese markets, Hong Kong and Taiwanese were closed for the Lunar New Year holiday.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	-	-	-
Hang Seng	-	-	-
Jakarta Composite	4,571.57	23.32	0.51
KLSE Composite	1,631.16	7.36	0.45
Nikkei 225	11,251.41	-117.71	-1.04
Straits Times	3,201.04	30.74	0.94
KOSPI Composite	1,976.07	30.28	1.56
Taiwan Weighted	-	-	-

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