Asian equity markets made a mixed closing on Thursday as financial markets offered a muted reaction to the passage of major US tax reform, which will lower tax rates for both businesses and individual Americans. Japanese shares closed lower even as the dollar held near a one-week high against the yen, supported by a rise in US bond yields. Meanwhile, Chinese stocks ended higher after Xinhua news agency said the country is committed to maintain economic growth in a reasonable range next year.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,300.06 | 12.45 | 0.38 |
Hang Seng | 29,367.06 | 132.97 | 0.45 |
Jakarta Composite | 6,183.39 | 73.91 | 1.21 |
KLSE Composite | 1,751.21 | 4.58 | 0.26 |
Nikkei 225 | 22,866.10 | -25.62 | -0.11 |
Straits Times | 3,382.53 | -12.34 | -0.36 |
KOSPI Composite | 2,429.83 | -42.54 | -1.72 |
Taiwan Weighted | 10,488.97 | -15.55 | -0.15 |