Asian equity markets ended lower on Friday due to selling pressure, as investors adopted a cautious stance ahead of G-7 summit starting in Canada later today as well as upcoming US Federal Reserve, European Central Bank and Bank of Japan policy meetings. The high-profile US-North Korea summit was also on top of investors' radar. Chinese stocks ended lower amid renewed trade worries and concerns about the liquidity concerns of the stock market. Further, Japanese shares snapped a four-day winning streak as caution set in ahead of contentious G7 talks and the historic US-North Korea summit.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,067.15 | -42.35 | -1.36 |
Hang Seng | 30,958.21 | -554.42 | -1.76 |
Jakarta Composite | 5,993.63 | -113.07 | -1.85 |
KLSE Composite | 1,778.32 | -7.49 | -0.42 |
Nikkei 225 | 22,694.50 | -128.76 | -0.56 |
Straits Times | 3,436.37 | -36.71 | -1.06 |
KOSPI Composite | 2,451.58 | -19.00 | -0.77 |
Taiwan Weighted | 11,156.42 | -95.33 | -0.85 |