Asian equity markets ended mixed on Wednesday on fears that the Bank of Japan will scale back stimulus next week. Investors also looked ahead to a key meeting between US President Donald Trump and European Commission President Jean-Claude Juncker for directional cues. Meanwhile, encouraging earnings results from the US and hopes that China will boost fiscal support for its economy helped support underlying sentiment. Japanese shares extended gains for a second day running as commodity-related steel and metal firms rallied on promises of more stimulus from Beijing.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,904.37 | -1.19 | -0.04 |
Hang Seng | 28,920.90 | 258.33 | 0.89 |
Jakarta Composite | 5,933.89 | 2.05 | 0.03 |
KLSE Composite | 1,763.78 | 0.85 | 0.05 |
Nikkei 225 | 22,614.25 | 103.77 | 0.46 |
Straits Times | 3,326.83 | 34.18 | 1.03 |
KOSPI Composite | 2,273.03 | -7.17 | -0.32 |
Taiwan Weighted | 10,965.79 | -29.60 | -0.27 |