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MoneyWorks4Me

Asian markets end mostly in red on Friday

28 Jul 2017 Evaluate

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