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 |
