Asian markets settled mixed on Wednesday in line with Wall Street’s overnight fall after a disappointing forecast from Home Depot and ahead of outcome of ongoing $31.4 trillion US debt ceiling negotiations. Chinese shares fell amid concerns about uneven economic recovery in China, while data showed Chinese house prices declined for an eleventh straight month in April. Meanwhile, Japanese shares gained by encouraging domestic earnings and stronger than expected first quarter GDP data, while weaker yen also boosted exporters.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,284.23 | -6.76 | -0.21 |
Hang Seng | 19,560.57 | -417.68 | -2.14 |
Jakarta Composite | 6,663.11 | -13.45 | -0.20 |
KLSE Composite | 1,424.34 | 0.84 | 0.06 |
Nikkei 225 | 30,093.59 | 250.60 | 0.83 |
Straits Times | 3,173.84 | -40.20 | -1.27 |
KOSPI Composite | 2,494.66 | 14.42 | 0.58 |
Taiwan Weighted | 15,925.29 | 251.39 | 1.58 |