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Asian markets end mostly higher on Thursday
Oct-12-2017

Asian equity markets ended mostly higher on Thursday after the latest FOMC minutes showed Fed officials expressing a strong degree of caution over the timing of future interest-rate increases. Many participants thought another increase in interest rates later this year is ‘likely to be warranted’ if the medium-term outlook remained broadly unchanged. However, they also expressed concern about persistently weak inflation. Japanese shares closed at a more than two-decade high as polls suggesting that Prime Minister Shinzo Abe's ruling coalition is heading for a two-thirds majority in forthcoming election helped offset concerns over a firmer yen. Meanwhile, Chinese shares ended little changed with a negative bias ahead of the Communist Party Congress starting next week.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,386.10

-2.18

-0.06

Hang Seng

28,459.03

69.46

0.24

Jakarta Composite

5,926.20

43.42

0.74

KLSE Composite

1,754.00

-3.21

-0.18

Nikkei 225

20,954.72

73.45

0.35

Straits Times

3,303.09

22.81

0.70

KOSPI Composite

2,474.76

16.60

0.68

Taiwan Weighted

10,711.44

70.25

0.66

 

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