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 |