The Paris-based Organization for Economic Cooperation and Development (OECD) stated that the outlook for most advanced economies is improving, with recoveries in the United States and Japan leading the way. The monthly leading indicator covering 33 member countries had reached its highest level since February 2011 in December, indicating that growth was firming. Japan saw its indicator move up to 101.4 from 101.3 in November, also hitting its highest level since the financial crisis as the central bank boosts the economy with unprecedented monetary stimulus while China’s reading stable at 99.3.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2103.67 | 17.60 | 0.84 |
Hang Seng | 21962.98 | 383.72 | 1.78 |
Jakarta Composite | 4470.19 | 19.44 | 0.44 |
KLSE Composite | 1824.17 | 8.03 | 0.44 |
Nikkei 225 | - | - | - |
Straits Times | 3029.10 | 11.90 | 0.39 |
KOSPI Composite | 1932.06 | 8.76 | 0.46 |
Taiwan Weighted | 8430.56 | 38.61 | 0.46 |