Asian equity markets made a mixed closing on Friday as the dollar remained bolstered against the yen and crude oil prices pulled away from ten-month lows. The release of the US Senate's plan to repeal and replace Obamacare evoked muted response as there is opposition to the bill on both sides of the Republican ideological spectrum. Japanese shares closed a tad higher as a recovery in oil prices helped offset a firmer yen. Chinese shares ended higher as tight liquidity conditions eased and investors shrugged off news that the country's banking regulator has ordered lenders to check exposure to rapidly growing firms. Meanwhile, Hong Kong shares ended flat amid concerns that MSCI's decision this week to include China-listed shares to its emerging market benchmark could weaken the city's role as a gateway to investing in China. The markets in Indonesia are closed through June 28 in observance of Eid-ul-Fitr.
Asian Indices | Last Trade | Change in Points | Change in % | Shanghai Composite | 3,157.87 | 10.42 | 0.33 | Hang Seng | 25,670.05 | -4.48 | -0.02 | Jakarta Composite | - | - | - | KLSE Composite | 1,779.45 | 2.02 | 0.11 | Nikkei 225 | 20,132.67 | 22.16 | 0.11 | Straits Times | 3,209.47 | -6.08 | -0.19 | KOSPI Composite | 2,378.60 | 8.23 | 0.35 | Taiwan Weighted | 10,377.70 | -21.36 | -0.21 |
|
|
|
|
| |
|
| |
