Most Asian markets extended gains for the third consecutive session and ended higher on Wednesday, amid signs of global economic recovery. Japan’s Nikkei went home with green mark, touching 11,500 mark for the first time since September 2008, despite of firmness in the yen, because of Tokyo Electric Power Company’s gains. Meanwhile, stocks in South Korea had their best day since September after Bank of Korea Governor Kim Choong Soo said the world economic outlook is improving. Mainland Chinese stocks too ended higher, as its property firms recouped earlier session’s losses.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,397.18 | 14.26 | 0.60 |
Hang Seng | 23,307.41 | 163.50 | 0.71 |
Jakarta Composite | 4,634.45 | 32.39 | 0.70 |
KLSE Composite | 1,613.33 | -1.74 | -0.11 |
Nikkei 225 | 11,468.28 | 95.94 | 0.84 |
Straits Times | 3,308.89 | 13.12 | 0.40 |
KOSPI Composite | 2,024.64 | 38.81 | 1.95 |
Taiwan Weighted | 8,029.10 | 68.22 | 0.86 |