Skip to main content

MoneyWorks4Me

Asian markets end mostly in red on Friday

18 Aug 2017 Evaluate

Asian equity markets closed mostly lower on Friday as the ongoing political turmoil in Washington put President Donald Trump's stimulus and tax plans in jeopardy and a deadly attack in Spain that killed at least 13 people and injured more than 100 others left the world shocked. Investors also adopted a cautious stance ahead of controversial joint military exercises of South Korea and the US, scheduled to start next week. Japanese stocks fell to 3-1/2-month lows, hit by losses on Wall Street and a weaker dollar as doubts grow over whether President Donald Trump will be able to push through policies to boost US economic growth. Meanwhile, Chinese shares closed on a steady note amid optimism over earnings and improving growth.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,268.72

0.29

0.01

Hang Seng

27,047.57

-296.65

-1.08

Jakarta Composite

5,893.84

1.89

0.03

KLSE Composite

1,776.22

-0.09

-0.01

Nikkei 225

19,470.41

-232.22

-1.18

Straits Times

3,251.99

-16.89

-0.52

KOSPI Composite

2,358.37

-3.30

-0.14

Taiwan Weighted

10,321.33

-48.04

-0.46