Asian equity markets ended mostly lower on Thursday as investors harbour very little hope that the Sino-US trade talks will lead to a breakthrough. A US trade delegation arrived in Beijing on Thursday for key talks over tariffs. A breakthrough deal to fundamentally change China’s economic policies is viewed as highly unlikely during the two-day visit, though a package of short-term Chinese measures could delay a US decision to impose tariffs on around $50 billion worth of Chinese exports. Meanwhile, the Japanese market was closed for a public holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,100.86 | 19.68 | 0.64 |
Hang Seng | 30,313.37 | -410.51 | -1.34 |
Jakarta Composite | 5,858.73 | -153.51 | -2.55 |
KLSE Composite | 1,851.80 | -0.23 | -0.01 |
Nikkei 225 | - | - | - |
Straits Times | 3,575.68 | -39.60 | -1.10 |
KOSPI Composite | 2,487.25 | -18.36 | -0.73 |
Taiwan Weighted | 10,514.18 | -104.63 | -0.99 |
