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Asian markets end mostly in red on political uncertainty worries

26 Dec 2018 Evaluate

Asian markets ended mostly lower on Wednesday as worries about political uncertainty in the US following a partial government shutdown that now looks set to extend into the New Year, and mounting concerns about global economic growth forced investors to largely stay away from stocks once again. US President Donald Trump's highly critical comments about the Federal Reserve's rate decisions also dented investor sentiment. With a few markets in the region closed for public holiday, movements were a bit sluggish amid subdued activity. Though, Japanese shares closed higher on a wave of late buying after fluctuating throughout the session. A weaker yen contributed as well to market's rise.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,498.29
-6.53
-0.26

Hang Seng

-

-

-

Jakarta Composite

6,127.85
-35.75
-0.58

KLSE Composite

1,672.60

-11.22

-0.67

Nikkei 225

19,327.06
171.32
0.89

Straits Times

3,011.15
-39.91
-1.31

KOSPI Composite

2,028.01
-27.00
-1.31

Taiwan Weighted

9,478.99
-48.10
-0.50

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