Asian markets retreated from a two-week high and ended with red mark on Friday as investors trimmed down their expectations on disappointing weak economic indicators from the United States, China and Europe which offset hopes for more stimulus from central banks. Meanwhile, Hong Kong closed lower on Friday, as the investors digested earnings from large Chinese companies, while in Tokyo, the Nikkei tumbled amid global growth fears and ahead of a speech by Bank of Japan Governor Masaaki Shirakawa.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,092.10 | -20.97 | -0.99 |
Hang Seng | 19,880.03 | -252.21 | -1.25 |
Jakarta Composite | 4,145.40 | -17.26 | -0.41 |
KLSE Composite | 1,648.22 | -3.39 | -0.21 |
Nikkei 225 | 9,070.76 | -107.36 | -1.17 |
Straits Times | 3,050.49 | -5.88 | -0.19 |
KOSPI Composite | 1,919.81 | -22.73 | -1.17 |
Taiwan Weighted | 7,477.53 | -27.64 | -0.37 |