Asian markets rebounded from earlier sessions’ of losses and ended mostly higher as eased worries about the Federal Reserve’s monetary policy and an improvement in US economic data sparked relief buying across the region. Japan’s Nikkei shut the shop with strong gains as Japan's cabinet rubber-stamped a set of measures to boost economic growth that so far have failed to impress markets. Chinese market went home with green mark, after falling nearly three per cent on Thursday as dealers returned from a three-day holiday to another batch of weak domestic economic data. However, shares in Taiwan closed lower as investors pocketed gains posted earlier in the session on continued worries over the future of the United States' quantitative easing program.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,162.04 | 13.69 | 0.64 |
Hang Seng | 20,969.14 | 82.10 | 0.39 |
Jakarta Composite | 4,760.74 | 153.08 | 3.32 |
KLSE Composite | 1,762.19 | 19.32 | 1.11 |
Nikkei 225 | 12,686.52 | 241.14 | 1.94 |
Straits Times | 3,161.43 | 30.74 | 0.98 |
KOSPI Composite | 1,889.24 | 6.51 | 0.35 |
Taiwan Weighted | 7,937.74 | -13.92 | -0.18 |
