Asian equity markets ended mostly in red on Friday, with Chinese shares ended lower following trade data out of China that disappointed on exports. Reports from the General Administration of Customs showed that China's exports fell an annual 6.1 percent in December, exceeding forecast for a decrease of 4.0 percent. Imports grew 3.1 percent annually in the month, just above the expectations of 3.0 percent climb. Sentiments dampened further tracking weak cues from Wall Street where stocks declined overnight after President-elect Donald Trump failed to provide details on fiscal policies that were expected to bolster the economy. However, oil extended overnight gains and the dollar edged up from a five-week low versus the yen, helping limit overall losses in the region.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,112.76 | -6.52 | -0.21 |
Hang Seng | 22,937.38 | 108.36 | 0.47 |
Jakarta Composite | 5,272.98 | -19.77 | -0.37 |
KLSE Composite | 1,672.50 | -5.26 | -0.31 |
Nikkei 225 | 19,287.28 | 152.58 | 0.80 |
Straits Times | 3,025.07 | 32.07 | 1.07 |
KOSPI Composite | 2,076.79 | -10.35 | -0.50 |
Taiwan Weighted | 9,378.83 | -31.35 | -0.33 |