Asian markets end mostly higher on Monday

17 Jun 2013 Evaluate

Asian markets ended mostly higher on Monday as investors were indulged in buying ahead of the crucial US Federal Reserve meet. The Japanese market opened lower on Monday, with a stronger yen and Friday's weak close on Wall Street triggering some selling in early trades. However, following the dollar's rebound against the yen, the market bounced back smartly and ended in positive territory with strong gains. Shanghai Composite went home with marginal losses, after China's finance ministry was unsuccessful in selling all the debt offered at an auction for the first time in almost two years. Hong Kong closed higher, starting the new week on a positive note as buyers seeking short-term gains rolled into counters.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,156.21	-5.83	-0.27
Hang Seng	21,225.90	256.76	1.22
Jakarta Composite	4,774.50	13.76	0.29
KLSE Composite	1,772.17	9.98	0.57
Nikkei 225	13,033.12	346.60	2.73
Straits Times	3,183.44	22.01	0.70
KOSPI Composite	1,883.10	-6.14	-0.32
Taiwan Weighted	7,992.89	55.15	0.69

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