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Asian markets resume northward journey

09 Jul 2013 Evaluate

Resuming their northward journey after a day of break, all the Asian equity indices, barring Jakarta Composite, ended the session in the green terrain on Tuesday, tracking a higher finish on Wall Street overnight and better-than-expected results from Alcoa Inc. Back on regional turf, Chinese Shanghai Composite rose after a choppy session as investors digested data showing an increase in consumer prices. The nation’s June consumer prices in China rose 2.7 per cent from the year-earlier month, while producer prices continued to deflate for the 16th straight month, dropping 2.7 per cent. Moreover, Seoul shares ended with a decent gain of 0.75 percent as market heavyweight Samsung Electronics Co bounced from a 10-month closing low in the previous session, and shares in Asiana Airlines Inc recovered some ground following its aircraft's crash-landing in San Francisco.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

1965.45

7.18

0.37

Hang Seng

20683.01

100.82

0.49

Jakarta Composite

4403.80

-29.83

-0.67

KLSE Composite

1766.49

3.62

0.21

Nikkei 225

14472.90

363.56

2.58

Straits Times

3178.63

23.16

0.73

KOSPI Composite

1830.35

13.50

0.74

Taiwan Weighted

7971.18

84.84

1.08

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