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Asian stocks end mostly higher ahead of Fed meet

18 Jun 2013 Evaluate

Asian stocks ended mostly higher after a thin and directionless trading on Tuesday as investors positioned themselves ahead of Fed Chairman Ben Bernanke's press conference tomorrow. However, Hong Kong's Hang Seng index ended little changed, as property developers drifted lower in Hong Kong after official data showed property prices in the mainland rose at the fastest pace in more than two years in major cities in May. Japan’s Nikkei closed with small losses after a choppy trading session. South Korea's Kospi went home with green mark as investors went for bargain hunting in blue-chip stocks after the benchmark index hit a fresh seven-month low the previous day.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,159.29

3.08

0.14

Hang Seng

21,225.88

-0.02

-

Jakarta Composite

4,840.45

65.95

1.38

KLSE Composite

1,774.05

1.88

0.11

Nikkei 225

13,007.28

-25.84

-0.20

Straits Times

3,229.55

46.11

1.45

KOSPI Composite

1,900.62

17.52

0.93

Taiwan Weighted

8,011.02

18.13

0.23

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