Asian markets ended mostly in red on Friday, with Chinese markets leading regional losses as lingering worries about US-China trade tensions and slowing global economic growth overshadowed positive developments on the Brexit front. The dollar index continued to weaken and gold edged up while oil prices fell sharply to hit 2018 lows in Asian trade on concerns over oversupply. Meanwhile, ahead of Trump-Xi meeting, the World Trade Organisation said that trade restrictions imposed by the G20 countries between mid-May and mid-October soared to cover $481 billion of trade, and further escalation would likely increase global economic risks. The Nikkei market is closed for Labour Thanksgiving Day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,579.48 | -65.95 | -2.56 |
Hang Seng | 25,927.68 | -91.73 | -0.35 |
Jakarta Composite | 6,006.20 | 15.39 | 0.26 |
KLSE Composite | 1,695.88 | 0.26 | 0.02 |
Nikkei 225 | - | - | - |
Straits Times | 3,052.49 | 11.11 | 0.36 |
KOSPI Composite | 2,057.48 | -12.47 | -0.61 |
Taiwan Weighted | 9,667.30 | -47.41 | -0.49 |
