Asian shares ended mostly higher on Thursday. Hong Kong shares closed on a positive note, recovering from three days of selling thanks to bargain-buying. Chinese shares slipped into the red as US-China trade worries persisted. The US Trade Representative’s office has reaffirmed President Donald Trump’s plans to impose an additional 5% tariff on a list of $300 billion of Chinese imports, with some starting on September 01. Japanese shares ended down on concerns that trade conflicts and UK's political uncertainty would hurt the global economy. British Prime Minister Boris Johnson has suspended parliament till middle October, curtailing any debate or moves on Brexit.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,890.92 | -2.84 | -0.10 |
Hang Seng | 25,703.50 | 88.02 | 0.34 |
Jakarta Composite | 6,289.12 | 7.47 | 0.12 |
KLSE Composite | 1,595.18 | 5.36 | 0.34 |
Nikkei 225 | 20,460.93 | -18.49 | -0.09 |
Straits Times | 3,081.83 | 25.36 | 0.83 |
KOSPI Composite | 1,933.41 | -7.68 | -0.40 |
Taiwan Weighted | 10,462.43 | 28.14 | 0.27 |
