• Asian Stocks close: most stocks closed higher on U.S. gross domestic product

Market news

29 September 2014

Asian Stocks close: most stocks closed higher on U.S. gross domestic product

Most Asian stock indices closed higher on U.S. gross domestic product (GDP). The U.S. final gross domestic product (GDP). The U.S. GDP rose at an annual rate of 4.6% in the second quarter, in line with expectations, after a 2.1% decline in the first quarter. A previous reading was a 4.2% gain.

The unrest in Hong Kong weighed on markets in Hong Kong. That was the worst unrest since China took back control.

Indexes on the close:

Nikkei 225 16,310.64 +80.78 +0.50%

Hang Seng 23,229.21 -449.20 -1.90%

Shanghai Composite 2,357.71 +9.99 +0.43%

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