MoneyWorks4Me

Asian markets end mixed on Friday

02 Feb 2018 Evaluate

Asian equity markets ended mixed on Friday as rising bond yields and mixed earnings from top US companies helped induce some caution ahead of the closely-watched US monthly jobs report for January, due later in the day. Japanese shares fell, dragged down by banks after the Bank of Japan upped bond purchases as part of efforts to prevent bond yields from rising. Meanwhile, Chinese stocks reversed initial losses to end higher as investors looked ahead to the release of January trade and inflation numbers due next week for further clues on the economic outlook.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,462.08

15.10

0.44

Hang Seng

32,601.78

-40.31

-0.12

Jakarta Composite

6,628.82

30.36

0.46

KLSE Composite

1,870.48

1.90

0.10

Nikkei 225

23,274.53

-211.58

-0.90

Straits Times

3,529.82

-17.41

-0.49

KOSPI Composite

2,525.39

-43.15

-1.68

Taiwan Weighted

11,126.23

-34.02

- 0.30