Asian markets ended mostly lower on Wednesday amid fresh worries about a Sino-US trade deal after US President Donald Trump threatened higher tariffs on Chinese goods if a trade deal is not reached between the two countries. Hong Kong shares ended down on intensified tensions in the city even as the US Senate unanimously passed legislation supporting Hong Kong protesters, drawing criticism from China’s foreign ministry. Moreover, Japanese shares declined as the safe-haven yen strengthened on concerns over Sino-US trade deal, while Japan’s merchandise trade surplus for October missed expectations also dampened market sentiment.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,911.05 | -22.94 | -0.78 |
Hang Seng | 26,889.61 | -204.19 | -0.75 |
Jakarta Composite | 6,155.11 | 3.02 | 0.05 |
KLSE Composite | 1,601.14 | -4.17 | -0.26 |
Nikkei 225 | 23,148.57 | -144.08 | -0.62 |
Straits Times | 3,229.78 | -9.09 | -0.28 |
KOSPI Composite | 2,125.32 | -27.92 | -1.30 |
Taiwan Weighted | 11,631.20 | -25.20 | -0.22 |