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Asian markets conclude Thursday’s trade mostly in green

27 Mar 2014 Evaluate

The Asian markets concluded Thursday’s trade mostly in green while Shanghai dropped as financial shares declined over poor earnings reports while property developers retreated after days of gains. South Korean Consumer Confidence remained unchanged at 108, from 108 in the preceding month. Monthly land sales in Shanghai dipped below the 10-billion-yuan ($1.6 billion) threshold for the first time in a year amid a double-digit drop in supply volume. A total of 12 land parcels, excluding those designated for public use, had been auctioned in the city so far this month. They fetched a combined 9.84 billion yuan, a month-on-month decline of 12.8 percent and a year-on-year rise of 4 percent by value. Hong Kong, the Chinese mainland and Singapore have been the region’s biggest buyers of real estate outside Asia and are set to remain key sources in the next few years.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2046.59

-17.08

-0.83

Hang Seng

21834.45

-53.30

-0.24

Jakarta Composite

4723.06

-5.18

-0.11

KLSE Composite

1846.87

7.73

0.42

Nikkei 225

14622.89

145.73

1.01

Straits Times

 3162.46

19.14

0.61

KOSPI Composite

1977.97

13.66

0.70

Taiwan Weighted

8779.57

42.30

0.48

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