Asian markets ended lower on Thursday, mirroring a sell-off on Wall Street overnight as renewed trade tensions between Washington and Beijing dampened the outlook for economic growth and company profits. Japanese shares hit a one-month low, hit by a sell-off in global shares and as a profit forecast cut by industrial equipment maker Yaskawa Electric Corp added to investor worries over global growth. Meanwhile, Chinese stocks hit multi-year lows to join a global rout.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,583.46 | -142.38 | -5.51 |
Hang Seng | 25,266.37 | -926.70 | -3.67 |
Jakarta Composite | 5,702.82 | -117.85 | -2.07 |
KLSE Composite | 1,708.49 | -26.69 | -1.54 |
Nikkei 225 | 22,590.86 | -915.18 | -4.05 |
Straits Times | 3,047.39 | -84.09 | -2.76 |
KOSPI Composite | 2,129.67 | -98.94 | -4.65 |
Taiwan Weighted | 9,806.11 | -660.72 | -6.74 |