The Asian markets concluded Thursday’s trade in green with Japan’s Nikkei share average jumping to a five-week high as investors took heart from news about the world’s largest pension fund’s allocation plan, and as a weaker yen boosted shares of exporters. Indonesia’s rupiah advanced to a 16-week high after overseas investors pumped money into the nation’s assets on improving economic fundamentals. Indonesia’s 10-year bonds rose for a seventh day after inflation slowed and the cost to insure the nation’s debt against default dropped to the least since June. In Hong Kong, the Land Registry has received 3,159 sale and purchase agreements for residential units in February, down 29.6% month-on-month and down 49.9% year-on-year. It received 3,987 sale and purchase agreements for all building units in the month, down 31.5% month-on-month and down 58.7% year-on-year.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2059.58 | 6.49 | 0.32 |
Hang Seng | 22702.97 | 123.19 | 0.55 |
Jakarta Composite | 4687.86 | 28.69 | 0.62 |
KLSE Composite | 1838.69 | 9.58 | 0.52 |
Nikkei 225 | 15134.75 | 237.12 | 1.59 |
Straits Times | 3129.17 | 12.53 | 0.40 |
KOSPI Composite | 1975.62 | 4.38 | 0.22 |
Taiwan Weighted | 8713.79 | 80.86 | 0.94 |