Asian markets ended mostly higher on Friday as investors shrugged off the US decision to increase tariffs on $200 billion worth of Chinese goods and remained hopeful of a breakthrough in trade talks. Chinese shares ended higher and the yuan strengthened as state funds stepped in to prop up markets following the Trump administration's latest tariff hike. Though, Japanese shares ended lower after the US hiked tariffs on more than $200 billion in goods from China, raising concerns the trade dispute will dent global growth.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,939.21 | 88.26 | 3.10 |
Hang Seng | 28,550.24 | 239.17 | 0.84 |
Jakarta Composite | 6,209.12 | 10.32 | 0.17 |
KLSE Composite | 1,610.27 | -8.26 | -0.51 |
Nikkei 225 | 21,344.92 | -57.21 | -0.27 |
Straits Times | 3,273.50 | 3.80 | 0.12 |
KOSPI Composite | 2,108.04 | 6.03 | 0.29 |
Taiwan Weighted | 10,712.99 | -20.68 | -0.19 |