Asian markets end mostly higher snapping earlier session’s losses

05 Mar 2013 Evaluate

Snapping earlier session’s sharp fall, Asian markets recovered sharply and ended mostly higher on Tuesday, with Japan’s Nikkei extending gains on hopes for further monetary easing under a new central bank chief. The Shanghai Composite Index bounced back after earlier session’s losses and closed higher as the National People's Congress - the country's parliament - began its annual session, although property developers fell further under the lingering influence of fresh restrictions imposed on the sector late last week.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,326.31	52.90	2.33
Hang Seng	22,560.50	22.69	0.10
Jakarta Composite	4,751.70	-9.76	-0.20
KLSE Composite	1,642.08	6.10	0.37
Nikkei 225	11,683.45	31.16	0.27
Straits Times	3,248.26	8.31	0.26
KOSPI Composite	2,016.61	3.46	0.17
Taiwan Weighted	7,932.71	65.37	0.83

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