Asian equity markets ended mixed on Wednesday as trade jitters continued to simmer ahead of the July 6 deadline, when US tariffs on Chinese goods are due to take effect. The yen rose against the dollar and the euro advanced amid fading political risks in Germany, while oil prices remained supported by data showing a larger-than-expected fall in US stockpiles. Chinese shares ended lower despite the yuan rising sharply against the US dollar following verbal intervention by the People's Bank of China. Meanwhile, Japanese shares retreated as technology stocks followed their US peers lower and index heavyweight Fast Retailing reported a 4 percent fall in same-store sales at its Uniqlo clothing outlets in June.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,760.59 | -26.30 | -0.95 |
Hang Seng | 28,241.67 | -303.90 | -1.08 |
Jakarta Composite | 5,733.64 | 99.70 | 1.74 |
KLSE Composite | 1,688.45 | 8.08 | 0.48 |
Nikkei 225 | 21,717.04 | -68.50 | -0.32 |
Straits Times | 3,244.89 | 8.99 | 0.28 |
KOSPI Composite | 2,265.46 | -7.30 | -0.32 |
Taiwan Weighted | 10,721.87 | 6.15 | 0.06 |
