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Asian markets conclude Friday’s trade mostly in green

22 Nov 2013 Evaluate

The Asian markets concluded Friday’s trade mostly in green with Hong Kong-listed Chinese companies being the best performers for the week. In Hong Kong, overall consumer prices rose 4.3% year-on-year in October, less than September’s corresponding 4.6% increase, the Census & Statistics Department reported. Netting out the effects of all one-off Government relief measures, the year-on-year rate of increase in the Composite Consumer Price Index in October was 4%, also smaller than September’s 4.2% increase. 

Bank of Japan has been ratcheting up its economic growth outlook, with its most recent forecast predicting an average 2.7% expansion in the year to next March, with inflation at 0.7%. Last week, official data showed economic growth halved year-on-year in the July-September quarter as exports weakened and consumer spending slowed.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2196.38

-9.39

-0.43

Hang Seng

23696.28

115.99

0.49

Jakarta Composite

4317.96

-8.25

-0.19

KLSE Composite

1794.52

-0.13

-0.01

Nikkei 225

15381.72

16.12

0.10

Straits Times

3172.85

0.47

0.01

KOSPI Composite

2006.23

12.45

0.62

Taiwan Weighted

8116.78

17.33

0.21

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