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MoneyWorks4Me

Asian markets end mostly lower on Friday

12 Feb 2016 Evaluate

Asian markets ended mostly lower on Friday as concerns about the health of European banks further threatened a global economy already under strain from falling oil prices and slowdowns in China and other emerging markets. Japanese shares stumbled to a fresh 16-month low in heavy trade and posted the biggest weekly drop since 2008 as investors scrambled to dump risky assets after the dollar dived to a 15-month low against the yen. The markets in China and Taiwan remained closed for the Lunar New Year holiday.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite---
Hang Seng18,319.58-226.22-1.22
Jakarta Composite4,714.39 -61.47-1.29
KLSE Composite1,643.74-0.21-0.01
Nikkei 22514,952.61-760.78-4.84
Straits Times2,539.95 1.67 0.07
KOSPI Composite1,835.28-26.26-1.41
Taiwan Weighted---