Asian equity markets closed mostly lower on Friday as investors booked profits following a selloff in US technology stocks overnight. Disappointing earnings results from Amazon intensified worries about corporate earnings. Japanese shares closed lower despite the release of better-than-expected economic data. In economic news, Japan's unemployment rate was beneath expectations and household spending rose more than forecast in June. Overall nationwide consumer prices gained in line with expectations.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,253.24 | 3.46 | 0.11 |
Hang Seng | 26,979.39 | -151.78 | -0.56 |
Jakarta Composite | 5,831.03 | 11.28 | 0.19 |
KLSE Composite | 1,767.08 | -2.99 | -0.17 |
Nikkei 225 | 19,959.84 | -119.80 | -0.60 |
Straits Times | 3,330.75 | -23.96 | -0.71 |
KOSPI Composite | 2,400.99 | -42.25 | -1.73 |
Taiwan Weighted | 10,423.05 | -85.32 | -0.81 |