Asian markets ended mostly higher on Wednesday, on buyers spree amid renewed optimism about the global economy following recent encouraging data from across the globe, ahead of testimony by US Federal Reserve chairman Ben Bernanke on the economic outlook. Japan’s Nikkei closed notably higher as the Bank of Japan maintained its plan to expand the monetary base. However, Shanghai Composite went home with red mark as China Resources Power Holdings, a state-owned electricity generator, sank 4.5%, dragging power producers lower.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,302.40 | -2.71 | -0.12 |
Hang Seng | 23,261.08 | -105.29 | -0.45 |
Jakarta Composite | 5,208.00 | 19.24 | 0.37 |
KLSE Composite | 1,783.88 | 6.73 | 0.38 |
Nikkei 225 | 15,627.26 | 246.24 | 1.60 |
Straits Times | 3,454.37 | 10.47 | 0.30 |
KOSPI Composite | 1,993.83 | 12.74 | 0.64 |
Taiwan Weighted | 8,398.84 | 15.79 | 0.19 |
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