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Most Asian markets end firm on Friday

08 Mar 2013 Evaluate

Most Asian markets ended firm on Friday, following upbeat economic data from the US. However, some markets backed out from higher levels and turned a bit subdued with a part of investors treading cautiously at higher levels. Japan’s Nikkei went home with green mark as the yen continued its downward trend and by fairly encouraging economic reports, which witnessed GDP growth rose at 0.2% in Q4, boosted market sentiments. However, China's Shanghai Composite closed lower, ahead of February inflation data.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

 2,318.61

-5.68

-0.24

Hang Seng

23,091.95

320.51

1.41

Jakarta Composite

 4,874.50

26.20

0.54

KLSE Composite

 1,653.96

3.03

0.18

Nikkei 225

12,283.62

315.54

2.64

Straits Times

3,289.53

-9.01

-0.27

KOSPI Composite

2,006.01

1.61

0.08

Taiwan Weighted

 8,015.14  

54.63

 0.69