Asian equity markets end mixed on Wednesday

09 May 2018 Evaluate

Asian equity markets closed mixed on Wednesday as investors kept an eye on movements in the oil and forex markets following US President Donald Trump's decision to formally withdraw from Iran's nuclear deal. Japanese stocks fell as global tensions flared after President Donald Trump pulled the United States out of an international nuclear deal with Iran, but Toyota rose after releasing earnings and announcing a share buyback. Meanwhile, Seoul stocks fell amid selling by foreign investors as Trump's decision to withdraw from the Iran nuclear deal raised the risk of conflict in the Middle East. Though, Hong Kong shares rose led by energy stocks after US President Donald Trump pulled out of the Iran nuclear deal, sparking fears about global oil supplies, and pushing oil prices higher. Malaysian markets remained closed on account of Election Day holiday.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,159.15	-2.35	-0.07
Hang Seng	30,536.14	133.33	0.44
Jakarta Composite	5,907.94	133.22	2.31
KLSE Composite	-		-
Nikkei 225	22,408.88	-99.81	-0.44
Straits Times	3,548.54	5.37	0.15
KOSPI Composite	2,443.98	-5.83	-0.24
Taiwan Weighted	10,703.35	11.97	0.11

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