Friday, 1 December 2017

Asian indices end mixed; Straits Times at 2-year high

Key benchmark indices in Asia ended on a mixed note. Indices in Hong Kong and South Korea were weighed down by a fall in shares of financial and technology companies.

Investors' sentiment took a hit after a key vote on US tax reform in the Senate was delayed raising concerns if the bill will be passed at all.

Singapore's Straits Times index rose 0.6% to hit its over two-year high.

In Hong Kong, the Hang Seng Index fell, led by decline in shares of Index major Tencent.

Meanwhile, Singapore's Straits Times gained 1% today, followed by Japan's Nikkei 225, Taiwan's Taiex and China's Shanghai Composite are trading red.

South Korea's Kospi and Hong Kong's Hang Seng ended in the red.

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