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Asian markets end mostly lower on Wednesday

23 May 2018 Evaluate

Asian equity markets ended mostly lower on Wednesday after President Donald Trump raised doubts that a summit with North Korean leader Kim Jong Un planned for June 12 will take place as planned. Japanese shares ended lower, as comments from US President Donald Trump rekindled worries about trade friction, hurting steelmakers and shippers among others. Trump on Tuesday said he was not pleased with recent trade talks between the United States and China, checking hopes that the world’s two biggest economies were on course to hammer out a deal. Further, Chinese shares ended lower, dragged by a slump in coal miners as Beijing intervened to cool the red-hot coal market.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,168.96

-45.39

-1.41

Hang Seng

30,665.64

-568.71

-1.82

Jakarta Composite

5,792.00

40.88

0.71

KLSE Composite

1,804.25

-40.78

-2.21

Nikkei 225

22,689.74

-270.60

-1.18

Straits Times

3,496.27

-46.91

-1.32

KOSPI Composite

2,471.91

6.34

0.26

Taiwan Weighted

10,886.18

-52.55

-0.48

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