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Asian markets end in green on Tuesday

Date: 19-01-2016

Asian equity markets ended in green on Tuesday, after China's GDP data pointed to no hard landing. China's economy grew 6.9 percent in 2015, just short of the government's 7 percent target and its slowest pace in 25 years, putting pressure on policymakers to unveil more fiscal and monetary measures. GDP growth eased to 6.8 percent in the fourth quarter from a year earlier, matching expectations while industrial production rose 5.9 percent in December from a year ago, down from 6.2 percent in November and expectations for a moderation to 6.0 percent. Retail sales and fixed-asset investment also slowed at the end of the year, fueling speculation of more government stimulus. Japanese shares swung between gains and losses before finishing higher for the first time in four days as Chinese GDP data met expectations.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite3,007.74 93.903.22
Hang Seng19,635.81 398.362.07
Jakarta Composite4,491.74 10.460.23
KLSE Composite1,629.22 6.580.41
Nikkei 22517,048.37 92.800.55
Straits Times2,638.47 45.471.75
KOSPI Composite1,889.64 11.190.60
Taiwan Weighted7,854.88 43.700.56