Asian markets end mixed; Shanghai rallies on PBOC support
Date: 09-10-2012Asian markets ended mixed on Tuesday with the Euro zone’s debt worries impact getting limited. The mainland China's shares gained sharply because of rise in iron ore prices, which helped resource companies to great extent. Investor’s sentiments improved amid The People's Bank of China’s (PBOC) step of introducing 265 billion yuan into the money market, in an attempt to ease monetary conditions and strengthen the slowing economy. Hong Kong market ended with fine gains amid oil companies rally. However, Japanese market went home with red mark following a public holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2115.23 | 40.81 | 1.97 |
Hang Seng | 20,937.28 | 112.72 | 0.54 |
Jakarta Composite | 4,280.25 | 12.02 | 0.28 |
KLSE Composite | 1,663.32 | 3.10 | 0.19 |
Nikkei 225 | 8,769.59 | -93.71 | -1.06 |
Straits Times | 3,065.91 | -10.74 | -0.35 |
KOSPI Composite | 1979.04 | -2.85 | -0.14 |
Taiwan Weighted | 7,592.01 | -23.88 | -0.31 |