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MoneyWorks4Me

Asian markets end mostly higher on Italy lead

30 Apr 2013 Evaluate

Asian markets ended mostly higher on Tuesday as investors’ sentiments were boosted by reports that a new government was finally formed in Italy after months of deadlock and on expectations for US Federal Reserve and the European Central Bank to continue with growth-supportive monetary stimulus measures. Japan's Nikkei, which was closed on Monday for a holiday, went home with red mark, as a stronger yen outweighed data pointing to a tentative recovery in the world's No. 3 economy.

Mainland Chinese markets remained closed for a holiday.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

-

-

-

Hang Seng

22,737.01

156.24

0.69

Jakarta Composite

5,034.07

34.32

0.69

KLSE Composite

 1,717.65

9.68

0.57

Nikkei 225

13,860.86

-23.27

-0.17

Straits Times

3,368.18

6.26

0.19

KOSPI Composite

1,963.95

23.25

1.20

Taiwan Weighted

8,093.66

63.92

0.80