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Asian markets end mostly lower on Thursday

06 Sep 2018 Evaluate

Asian markets ended mostly lower on Thursday as renewed global trade tensions as well as emerging market woes kept investors in a defensive mode. A sharp fall in oil prices overnight also weighed on markets. Chinese shares ended lower on fears of additional tariffs as a public comment period on the possibility of fresh US tariffs on another $200 billion of Chinese goods ends today. Further, Japanese shares closed lower, with a firmer yen, an annual reshuffle of the Nikkei index and a powerful earthquake in Hokkaido, the latest in a series of natural disasters to hit the country this year keeping investors nervous.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,691.59

-12.75

-0.47

Hang Seng

26,974.82

-269.03

-1.00

Jakarta Composite

5,776.10

92.60

1.60

KLSE Composite

1,798.57

3.07

0.17

Nikkei 225

22,487.94

-92.89

-0.41

Straits Times

3,147.69

-8.59

-0.27

KOSPI Composite

2,287.61

-4.16

-0.18

Taiwan Weighted

10,924.30

-70.83

-0.65