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Asian stock markets end mostly higher

15 May 2013 Evaluate

Asian stock markets ended mostly higher on Wednesday with Japanese market touching highest level since December 2007 with a weak yen buoying up sentiment. Hong Kong market went home with green mark, rebounding from its biggest two-day drop in a month, but investors were mainly focused on a handful of stocks on hopes of an earnings turnaround. Chinese market ended higher on Wednesday supported by strength in telecom equipment suppliers. Seoul market closed almost flat after moving in a narrow range, as investors adopted a cautious stance amid a lack of market momentum and lingering concerns over the yen's slide.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,224.80

7.79

0.35

Hang Seng

23,044.24

113.96

0.50

Jakarta Composite

5,089.88

7.94

0.16

KLSE Composite

 1,783.03

-5.40

-0.30

Nikkei 225

15,096.03

337.61

2.29

Straits Times

3,441.53

8.77

0.26

KOSPI Composite

1,971.26

2.43

0.12

Taiwan Weighted

8,318.59

66.77

0.81