Mainland Chinese market ended slightly lower on Wednesday, while majority of the other Asian markets closed on positive note. There was some value buying, while investors sentiment perked up after a positive move by China’s central bank late Tuesday to reduce worries about a lingering credit squeeze in the country’s financial system. However, Japan’s Nikkei 225 continued its volatile run and went home with red mark, falling more than 1 percent after gained some ground earlier in the day. The Hang Seng Index ended with strong gains following a rally in index stocks.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 1,951.50 | -8.01 | -0.41 |
Hang Seng | 20,338.55 | 482.83 | 2.43 |
Jakarta Composite | 4,587.73 | 168.86 | 3.82 |
KLSE Composite | 1,740.76 | 12.12 | 0.70 |
Nikkei 225 | 12,834.01 | -135.33 | -1.04 |
Straits Times | 3,104.40 | 14.47 | 0.47 |
KOSPI Composite | 1,783.45 | 2.82 | 0.16 |
Taiwan Weighted | 7,784.80 | 121.57 | 1.59 |
