Asian markets ended mostly higher on Friday, tracking overnight gains on Wall Street. Buying interest was a bit subdued in some of the markets in the region, with investors staying a bit cautious due to concerns about global growth and doubts about US and China agreeing on a long term trade deal anytime soon. The Japanese market ended weak, with investors taking profits after recent strong gains. Some disappointing economic data too contributed to the weakness in the market. On the economic front, the Ministry of Internal Affairs and Communications said that the jobless rate in Japan came in at a seasonally adjusted 2.5 percent in November. That was above expectations for 2.4 percent, which would have been unchanged from the October reading.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,493.90 | 10.81 | 0.44 |
Hang Seng | 25,504.20 | 25.32 | 0.10 |
Jakarta Composite | 6,194.50 | 3.86 | 0.06 |
KLSE Composite | 1,692.07 | 1.35 | 0.08 |
Nikkei 225 | 20,014.77 | -62.85 | -0.31 |
Straits Times | 3,053.43 | 8.69 | 0.29 |
KOSPI Composite | 2,041.04 | 12.60 | 0.62 |
Taiwan Weighted | 9,727.41 | 85.85 | 0.89 |
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