Asian equity markets ended mixed on Thursday amid renewed trade tensions after US President Donald Trump said that the current structure used in trade talks with China was ‘too hard to get done’. Investor optimism over dovish Fed minutes was tempered by news reports that the US is considering imposing new duties on automobile imports. Japanese shares fell, led down by automakers on worries about new tariffs after the US launched a national security probe into car and truck imports. Further, China stocks extended losses, after falling the most in a month in the previous session, as caution prevailed amid renewed concerns over China-US trade tensions.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,154.65 | -14.31 | -0.45 |
Hang Seng | 30,760.41 | 94.77 | 0.31 |
Jakarta Composite | 5,946.54 | 154.54 | 2.67 |
KLSE Composite | 1,775.66 | -28.59 | -1.58 |
Nikkei 225 | 22,437.01 | -252.73 | -1.11 |
Straits Times | 3,528.92 | 32.65 | 0.93 |
KOSPI Composite | 2,466.01 | -5.90 | -0.24 |
Taiwan Weighted | 10,936.93 | 50.75 | 0.47 |