Asian markets ended on a firm note following an enthusiastic lead from Wall Street, where Fed quantitative easing (QE) fears eased further. Japan’s Nikkei closed higher after touching a three-week high on the back of higher-than-expected industrial output growth in May. Shanghai market too ended in positive territory after choppy trade, supported by comments from the head of the People's Bank of China that it would adjust liquidity to ensure stability as financial markets suffer a credit squeeze.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 1,979.21 | 29.19 | 1.50 |
Hang Seng | 20,803.29 | 363.21 | 1.78 |
Jakarta Composite | 4,818.90 | 143.15 | 3.06 |
KLSE Composite | 1,773.54 | 21.97 | 1.25 |
Nikkei 225 | 13,677.32 | 463.77 | 3.51 |
Straits Times | 3,150.44 | 32.41 | 1.04 |
KOSPI Composite | 1,863.32 | 28.62 | 1.56 |
Taiwan Weighted | 8,062.21 | 178.31 | 2.26 |