Asian equity markets ended mixed on Friday as trade war tensions and the prospects of a no-deal Brexit threatened to deepen the risks to global growth. The oil markets held steady while the dollar remained buoyant after US-China trade talks ended without any tangible results. Investors looked ahead to US Federal Reserve Chairman Jerome Powell's big Jackson Hole speech later today for Fed views on Turkey's currency crisis and the US-Chinese trade spat. Japanese shares ended higher as the yen remained weak and a government report showed the country's annual inflation stalled in July, raising speculation the Bank of Japan may delay its exit from ultra-loose policy. Further, Chinese shares ended marginally higher, aided by strength in banking shares.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,729.43 | 4.81 | 0.18 |
Hang Seng | 27,671.87 | -118.59 | -0.43 |
Jakarta Composite | 5,968.75 | -14.24 | -0.24 |
KLSE Composite | 1,808.59 | -2.28 | -0.13 |
Nikkei 225 | 22,601.77 | 190.95 | 0.84 |
Straits Times | 3,213.00 | -36.89 | -1.15 |
KOSPI Composite | 2,293.21 | 10.61 | 0.46 |
Taiwan Weighted | 10,809.35 | -53.78 | -0.50 |
