Most of the Asian markets ended higher on the third consecutive session on Wednesday, on the back of continued hopes for a new round of stimulus from the US and European central banks. However, Hong Kong listed Standard Chartered's shares dropped for a second day, as the bank was accused by US regulators of hiding sanction-busting multi-billion-dollar trades with Iran. Meanwhile, oil prices fell after racing up to a 12-week high on Tuesday on expectations of further economic stimulus.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,160.99 | 3.37 | 0.16 |
Hang Seng | 20,065.52 | -7.03 | -0.04 |
Jakarta Composite | 4,090.71 | 5.13 | 0.13 |
KLSE Composite | 1,635.92 | 4.80 | 0.29 |
Nikkei 225 | 8,881.16 | 77.85 | 0.88 |
Straits Times | 3,052.25 | -15.49 | -0.50 |
KOSPI Composite | 1,903.23 | 16.43 | 0.87 |
Taiwan Weighted | 7,319.80 | 24.34 | 0.33 |