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Asian markets end mostly in green on Thursday

29 Nov 2018 Evaluate

Asian markets closed mostly higher on Thursday, though markets in China and Hong Kong shares ended in the red amid anxiety ahead of crucial Trump-Xi meeting on the sidelines of the G-20 summit later this week. While a substantive breakthrough is unlikely, the two sides may agree on a communique for a de-escalation of trade tensions. Underlying sentiment remained supported across the region after Federal Reserve Chairman Jerome Powell said that current interest rate is 'just below a range of estimates of so-called neutral level'. Japanese shares ended higher despite the dollar weakening against the yen on expectations of a slowdown in the pace of rate hikes by the Federal Reserve.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,567.44

-34.30

-1.34

Hang Seng

26,451.03

-231.53

-0.88

Jakarta Composite

6,107.17

115.92

1.90

KLSE Composite

1,696.34

9.79

0.58

Nikkei 225

22,262.60

85.58

0.38

Straits Times

3,109.44

14.96

0.48

KOSPI Composite

2,114.10  

5.88

0.28

Taiwan Weighted

9,885.36

1.05

0.01

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