MoneyWorks4Me

Asian markets end in red on Friday

26 Oct 2018 Evaluate

Asian markets ended lower on Friday, as disappointing third-quarter sales figures from Alphabet and Amazon released after the US market close spurred fresh concerns about the outlook for US corporate earnings. Further, trade tensions, concerns over Italian government finances and Brexit risks also dampened investors’ sentiments. Chinese shares slipped, but ended the week higher on hopes for more government support to boost growth. Meanwhile, Japanese shares ended modestly lower on anxiety over the outlook for US earnings growth.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,598.85

-4.95

-0.19

Hang Seng

24,717.63

-276.83

-1.12

Jakarta Composite

5,784.92 

29.95

0.52

KLSE Composite

1,683.06 

-3.53 

-0.21

Nikkei 225

21,184.60

-84.13

-0.40

Straits Times

2,972.02

-40.82

-1.37

KOSPI Composite

2,027.15

-36.15

-1.78

Taiwan Weighted

9,489.18 

-31.61

-0.33