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Asian markets end mostly in red on Wednesday

29 May 2019 Evaluate

Asian markets ended mostly in red on Wednesday as investors reacted to falling US Treasury bonds yields, reflecting worries over an economic slowdown. Trade worries deepened after reports suggested that China could be considering restricting the export of rare earth minerals, which are crucial for the US technology industry. Though, Chinese shares closed a tad higher, shrugging off concerns over slowing growth and the standoff in Sino-US trade talks.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,914.70
4.79
0.16

Hang Seng

27,235.71
-155.10
-0.57

Jakarta Composite

6,104.11
70.97
1.18

KLSE Composite

1,623.67

9.10

0.56

Nikkei 225

21,003.37
-256.77
-1.21

Straits Times

3,163.28
-2.04
-0.06

KOSPI Composite

2,023.32
-25.51
-1.25

Taiwan Weighted

10,301.78
-10.53
-0.10