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Asian markets end lower in holiday-hit trade

01 Apr 2013 Evaluate

Asian markets slipped in a holiday-hit trade and ended lower on Monday, as investors sentiments were dampened by a slight improvement in economic reports from China and Japan. Japan’s Nikkei went home with red mark as the yen climbed against the dollar ahead of a Bank of Japan (BoJ) policy meeting this week. Meanwhile, South Korean market closed lower despite its exports last month barely grew from a year earlier while inflation unexpectedly eased to a 7-month low on weak domestic demand, reinforcing expectations for a central bank rate cut as early as next week.

Asian markets were relatively quiet some markets including Hong Kong, South Korea and Taiwan remained closed for the Easter holiday.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,234.40

-1.91

-0.09

Hang Seng

-

-

-

Jakarta Composite

4,937.58

-3.41

-0.07

KLSE Composite

 1,667.61

-4.02

-0.24

Nikkei 225

12,135.02

-262.89

-2.12

Straits Times

3,307.58

-0.52

-0.02

KOSPI Composite

-

-

-

Taiwan Weighted

-

-

-

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