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Asian markets end in red on Thursday

11 Oct 2018 Evaluate

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