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Asian markets end mostly in green on Friday

07 Dec 2018 Evaluate

Asian markets ended mostly higher on Friday after US stock markets recovered from an early plunge to end mixed overnight, helped by hopes the Federal Reserve could pause its interest-rate hikes. Investors looked ahead to a key US jobs report due tonight, with employment is expected to increase by 205,000 jobs in November after jumping by 250,000 jobs in October, while the unemployment rate is expected to hold at 3.7 percent. Japanese shares snapped a three-day losing streak despite a firm yen on lingering trade worries. Meanwhile, Chinese shares ended flat in thin trade after a sharp fall yesterday as the arrest of Huawei CFO Meng Wanzhou dealt a blow to hopes of easing of US-China trade tensions.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,605.89

0.71

0.03

Hang Seng

26,063.76

-92.62

-0.36

Jakarta Composite

6,126.36

10.87

0.18

KLSE Composite

1,680.54

-2.80

-0.17

Nikkei 225

21,678.68

177.06

0.82

Straits Times

3,111.12

-4.40

-0.14

KOSPI Composite

2,075.76

7.07

0.34

Taiwan Weighted

9,760.88

76.16

0.78