Asian markets ended mixed on Wednesday amid uncertainty about the future of US-China trade relations, and on raising fears of an imminent recession following government bond yields edged back towards record lows. Meanwhile, Chinese government announced several measures to boost consumption in the country as its economy slows under the weight of its raging trade war with the US. Japanese shares ended higher, with defensive stocks rising as the downgrading of South Korea's trade status took effect. Seoul shares advanced even as Japan officially removed South Korea from a list of preferred trading partners.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,893.76 | -8.43 | -0.29 |
Hang Seng | 25,615.48 | -48.59 | -0.19 |
Jakarta Composite | 6,281.65 | 3.48 | 0.06 |
KLSE Composite | 1,589.82 | -1.02 | -0.06 |
Nikkei 225 | 20,479.42 | 23.34 | 0.11 |
Straits Times | 3,056.47 | -11.05 | -0.36 |
KOSPI Composite | 1,941.09 | 16.49 | 0.86 |
Taiwan Weighted | 10,434.29 | 47.06 | 0.45 |
