Asian markets ended mostly lower on Friday despite the overnight gains on Wall Street for a third straight session following upbeat corporate earnings results and US economic data. Worries about US-China trade tensions continued to weigh on investor sentiment after the Trump administration banned Chinese telecom giant Huawei Technologies from buying US technology without prior approval from the US government. Chinese shares ended lower amid worries about the ongoing trade tensions between the US and China following US President Donald Trump's move to block Huawei. Though, Japanese shares closed higher, while the safe-haven yen weakened, lifting exporters' stocks.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,882.30 | -73.41 | -2.48 |
Hang Seng | 27,946.46 | -328.61 | -1.16 |
Jakarta Composite | 5,826.87 | -68.87 | -1.17 |
KLSE Composite | 1,605.36 | 6.17 | 0.39 |
Nikkei 225 | 21,250.09 | 187.11 | 0.89 |
Straits Times | 3,205.46 | -24.80 | -0.77 |
KOSPI Composite | 2,055.80 | -11.89 | -0.58 |
Taiwan Weighted | 10,384.11 | -90.50 | -0.86 |
