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MoneyWorks4Me

Asian equity markets end mostly higher on Wednesday

29 May 2013 Evaluate

Asian equity markets ended mostly higher on Wednesday with investors remaining cautiously as strong economic data rallied US stocks to record highs, throwing market focus back to the possibility of reduced Federal Reserve monetary stimulus in the future. Chinese market went home with green mark for the fourth day, led by consumer-discretionary companies. Hong Kong market closed lower after two straight days of gains, as some consumer and property shares came under profit-taking pressure. 

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,324.02

2.70

0.12

Hang Seng

22,554.93

-369.32

-1.61

Jakarta Composite

5,200.69

24.46

0.47

KLSE Composite

1,783.47

7.31

0.41

Nikkei 225

14,326.46

14.48

0.10

Straits Times

3,367.47

-38.61

-1.13

KOSPI Composite

2,001.20

14.98

0.75

Taiwan Weighted

8,337.90

74.85

0.91