The Asian markets barring Shanghai Composite and Hang Seng concluded Monday’s trade in green with Japanese stocks ended within a whisker of a fresh 2013 high, as a deal with Iran pushed the yen to its lowest level against the dollar in six months. Hong Kong businesses are expecting annual economic growth of between 2 and 4 percent in the next two years. The Business Prospects Survey conducted by the General Chamber of Commerce is more pessimistic than the chamber’s own forecast of four to five percent growth. Industrial production in Taiwan fell unexpectedly last month. The Ministry of Economic Affairs Taiwan stated that Taiwanese Industrial Production fell to a seasonally adjusted annual rate of 0.78%, from 1.06% in the preceding month.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2186.12 | -10.26 | -0.47 |
Hang Seng | 23684.45 | -11.83 | -0.05 |
Jakarta Composite | 4334.80 | 16.84 | 0.39 |
KLSE Composite | 1797.97 | 3.45 | 0.19 |
Nikkei 225 | 15619.13 | 237.41 | 1.54 |
Straits Times | 3180.65 | 7.80 | 0.25 |
KOSPI Composite | 2015.98 | 9.75 | 0.49 |
Taiwan Weighted | 8187.51 | 70.73 | 0.87 |
