Asian equity markets showed a mixed closing on Friday as a rally in crude prices was offset by hawkish comments from New York Fed President William Dudley and San Francisco Fed President John Williams over US interest-rate increases. Fed Chair Janet Yellen speaks at a meeting of global policy makers in Jackson Hole, Wyoming next week, with investors looking for clues over the timing of the next rate hike. Japanese shares closed modestly higher as the strong yen trend paused. Meanwhile, Chinese shares closed on a flat note after rising earlier in the week on hopes of additional stimulus as a slew of data underscored persisting weakness in the world's second-largest economy.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,108.10 | 3.99 | 0.13 |
Hang Seng | 22,937.22 | -85.94 | -0.37 |
Jakarta Composite | 5,416.04 | -45.42 | -0.83 |
KLSE Composite | 1,687.68 | -7.19 | -0.42 |
Nikkei 225 | 16,545.82 | 59.81 | 0.36 |
Straits Times | 2,844.02 | 7.04 | 0.25 |
KOSPI Composite | 2,056.24 | 0.77 | 0.04 |
Taiwan Weighted | 9,034.27 | -88.23 | -0.97 |