Most of the Asian counters ended in red on Thursday after US markets plunged overnight on the back of disappointing corporate earnings results and weak economic data. Lingering geopolitical tensions, worries about the US-China trade wars and rising geopolitical tensions also dented investors’ sentiments. Japanese shares closed lower with chip-related stocks taking heavy beating after a steep fall on Wall Street pulled the Nasdaq Composite into correction territory. However, Chinese shares bucked the global weak trend to end little changed after recent heavy losses.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,603.80 | 0.50 | 0.02 |
Hang Seng | 24,994.46 | -255.32 | -1.02 |
Jakarta Composite | 5,754.96 | 45.54 | 0.79 |
KLSE Composite | 1,686.59 | -3.45 | -0.20 |
Nikkei 225 | 21,268.73 | -822.45 | -3.87 |
Straits Times | 3,012.84 | -19.24 | -0.64 |
KOSPI Composite | 2,063.30 | -34.28 | -1.66 |
Taiwan Weighted | 9,520.79 | -238.61 | -2.51 |
