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Asian markets end mixed on Thursday

02 Mar 2023 Evaluate
Asian markets ended mixed on Thursday, tracking an overnight mostly fall in Wall Street following hawkish comments from the Federal Reserve officials on further interest-rate hikes in the United States. Minneapolis Fed President Neel Kashkari said he is open-minded on either a 25-basis point or a 50-basis point interest rate hike in March, while Atlanta Fed President Raphael Bostic said monetary policy will have to remain tight until well into 2024. Chinese and Hong Kong shares declined, despite unexpectedly upbeat readings from China PMI surveys. Japanese shares finished down, despite fading expectations of an imminent hawkish turn by the Japanese central bank. 

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,310.65-1.70-0.05

Hang Seng

20,429.46-190.25-0.93

Jakarta Composite

6,857.4212.480.18

KLSE Composite

1,455.49

5.290.36

Nikkei 225

27,498.87

-17.66-0.06

Straits Times

3,234.90-20.18-0.62

KOSPI Composite

2,427.85

15.000.62

Taiwan Weighted

15,598.720.23--

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