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Snapping early losses Asian stock markets end mostly higher

16 Apr 2013 Evaluate

Snapping earlier losses, Asian stock markets ended mostly higher on Tuesday but investors were still worried about China’s slowing economy, while miners and gold producers underperformed amid sharp declines in commodity prices. Stocks in China went home with green mark, digesting Monday’s weak economic data. Shares in Seoul closed higher as investors sentiments were boosted with an additional government spending. However, Japanese shares ended lower as the yen appreciated but pared those losses as the local currency came off a bit.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,194.85

12.90

0.59

Hang Seng

21,672.03

-100.64

-0.46

Jakarta Composite

4,945.25

50.66

1.04

KLSE Composite

 1,700.53

2.76

0.16

Nikkei 225

13,221.44

-54.22

-0.41

Straits Times

3,291.58

7.21

0.22

KOSPI Composite

1,922.21

1.76

0.09

Taiwan Weighted

7,801.05

37.52

0.48

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