Asian equity markets ended lower on Friday following the overnight sell-off on Wall Street. Oil prices slid in Asian deals after sharp overnight gains, and the yen continued its rise against the dollar, keeping investors cautious. Chinese and Hong Kong shares fell as a spate of bond defaults as well as increasing volatility in the commodity market despite a government crackdown on speculation kept investors on edge ahead of the Labor Day holiday. Japanese markets were closed for the Showa Day holiday after steep losses in the previous session amid the stronger yen stemming from disappointment that the Bank of Japan held off on further easing. Though, Amazon posted its biggest quarterly profit ever and a slew of other US companies also reported better-than-expected results after the US closing bell, helping to limit the downside across the region.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,938.32 | -7.27 | -0.25 |
| Hang Seng | 21,067.05 | -320.98 | -1.50 |
| Jakarta Composite | 4,838.58 | -9.81 | -0.20 |
| KLSE Composite | 1,672.72 | -2.04 | -0.12 |
| Nikkei 225 | - | - | - |
| Straits Times | 2,838.52 | -23.78 | -0.83 |
| KOSPI Composite | 1,994.15 | -6.78 | -0.34 |
| Taiwan Weighted | 8,377.90 | -95.97 | -1.13 |