The Asian markets ended mostly lower on Friday, led by losses in Hong Kong stocks ahead of crucial US jobs data due tonight that could strengthen the case for the Federal Reserve to raise rates by the year-end. Chinese shares dropped as losses in the infrastructure sector overshadowed gains among financials in the wake of well-received earnings updates from banks and brokerages. Meanwhile, Japanese shares ended higher as the yen breached the 105 level and solid results from German bank Deutsche Bank as well as gains in the US and Japanese government bond yields lifted financials.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,104.27 | -8.08 | -0.26 |
Hang Seng | 22,954.81 | -177.54 | -0.77 |
Jakarta Composite | 5,410.27 | -6.57 | -0.12 |
KLSE Composite | 1,670.27 | 1.24 | 0.07 |
Nikkei 225 | 17,446.41 | 109.99 | 0.63 |
Straits Times | 2,816.26 | -12.68 | -0.45 |
KOSPI Composite | 2,019.42 | -4.70 | -0.23 |
Taiwan Weighted | 9,306.92 | 7.37 | 0.08 |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: