Asian markets ended the Friday’s session on an optimistic note with most of the major indices ended in green terrain, as fresh talks between China and the United States underpinning investor sentiment. Traders also took some support with the Turkish lira recovered sharply from Monday’s meltdown when it hit a record low below 7.23 to the dollar following U.S. imposed sanctions relating to the trial of an American pastor. Japanese Nikkei edged higher tracking a slightly weaker yen. On the economic front, Japan will see July figures for department store sales later in the day. However, Chinese shares hit 31-month low as healthcare firms retreated amid concerns over a widening vaccine scandal. The Indonesian market was closed for the Independence Day holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,669.10 | -36.09 | -1.35 |
Hang Seng | 27,213.41 | 113.35 | 0.42 |
Jakarta Composite | -- | -- | -- |
KLSE Composite | 1,783.47 | 6.20 | 0.35 |
Nikkei 225 | 22,270.38 | 78.34 | 0.35 |
Straits Times | 3,209.44 | -2.49 | -0.08 |
KOSPI Composite | 2,247.05 | 6.25 | 0.28 |
Taiwan Weighted | 10,690.96 | 7.06 | 0.07 |
