Asian equity markets ended broadly lower on Wednesday, with Chinese and Hong Kong markets pacing regional declines, after the US House of Representatives overwhelmingly passed a bill to tighten foreign investment rules and the Trump administration threatened sanctions on countries that continue to import oil from Iran. Chinese markets fell heavily and the yuan hit its lowest level against the greenback since December 2017 on concerns over an ongoing trade dispute with the United States. Further, Japanese shares ended lower as the dollar slipped against the yen on worries over US protectionist policies.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,812.87 | -31.64 | -1.12 |
Hang Seng | 28,356.26 | -525.14 | -1.85 |
Jakarta Composite | 5,787.55 | -38.10 | -0.66 |
KLSE Composite | 1,666.08 | -9.78 | -0.58 |
Nikkei 225 | 22,271.77 | -70.23 | -0.32 |
Straits Times | 3,254.77 | -26.10 | -0.80 |
KOSPI Composite | 2,342.03 | -8.89 | -0.38 |
Taiwan Weighted | 10,701.03 | -41.14 | -0.38 |
