Asian equity markets ended mostly in red on Thursday after the Federal Reserve raised interest rates for the first time in a year. The quarter percentage point rate increase, the second in a decade, was widely expected although investors were surprised to see the Fed project three more increases for 2017. Japanese shares bucked the trend and ended marginally higher as the dollar surged against the yen after interest rate hike announcement.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,117.68 | -22.85 | -0.73 |
Hang Seng | 22,059.40 | -397.22 | -1.77 |
Jakarta Composite | 5,254.36 | -8.46 | -0.16 |
KLSE Composite | 1,636.99 | -6.30 | -0.38 |
Nikkei 225 | 19,273.79 | 20.18 | 0.10 |
Straits Times | 2,930.77 | -23.29 | -0.79 |
KOSPI Composite | 2,036.65 | -0.22 | -0.01 |
Taiwan Weighted | 9,360.35 | -8.17 | -0.09 |