Asian markets conclude Tuesday’s trade mostly in green

18 Mar 2014 Evaluate

The Asian markets barring Jakarta Composite concluded Tuesday’s trade in green following a strong rally on Wall Street. Indonesia’s rupiah rose to a 19-week high after foreign funds pumped money into local stocks as Jakarta Governor Joko Widodo announced he would run in July’s presidential election. The country’s foreign debt accelerated in January on the back of growing demand from the private sector to finance their expansion. The foreign debt rose to $269.3 billion, or 7.1% year-on-year. The yuan tumbled to an 11-month low after the Chinese central bank doubled the currency’s permitted trading band as it continues to relax its control over the exchange rate. Hong Kong’s unemployment rate remained unchanged at a seasonally adjusted 3.1%, from 3.1% in the preceding month.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2025.20	1.52	0.08
Hang Seng	21583.50	109.55	0.51
Jakarta Composite	4805.61	-70.58	-1.45
KLSE Composite	1820.70	5.54	0.31
Nikkei 225	14411.27	133.60	0.94
Straits Times	3093.84	1.70	0.05
KOSPI Composite	1940.21	12.68	0.66
Taiwan Weighted	8731.94	31.84	0.37

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