Asian markets are exhibiting mixed trend in Wednesday’s morning deals, with most of the regional indices paring initial losses after a huge sell-off on Wall Street. Sentiments got some support from US new-home construction data, while traders were spooked by a double bombing that hit the Boston Marathon. Meanwhile, Japanese Nikkei surged by about a percentage point as the yen weakened after the IMF raised the growth forecast for Japan.
Jakarta Composite rose 25.06 points or 0.51% to 4,970.32, KLSE Composite surged 9.83 points or 0.58% to 1,710.36, Nikkei 225 soared 130.71 points or 0.99% to 13,352.15 and Straits Times was up by 3.75 points or 0.11% to 3,295.33.
On the other hand, Shanghai Composite declined 14.14 points or 0.64% to 2,180.70, Hang Seng slipped 10.95 points or 0.05% to 21,661.08, KOSPI Composite dropped 10.49 points or 0.55% to 1,911.72 and Taiwan Weighted was down by 0.81 points or 0.01% to 7,800.24.
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