Asian markets ended mostly higher on Friday on fresh hopes that the world's top two economies may delay their plans to roll out new tariffs, originally slated for December 15, in the latest efforts to resolve the prolonged dispute. Japanese shares ended higher on bargain hunting following three straight days of losses and the yen weakened against the dollar. Though, Chinese shares ended lower as China revised its nominal gross domestic product estimate for 2018 by 2.1 percent, reflecting more complete measures of the services sector and assets. Worries that a ‘phase one’ trade deal between the United States and China might not occur until next year, also weighed on investor sentiment.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,885.29 | -18.35 | -0.63 |
Hang Seng | 26,595.08 | 128.20 | 0.48 |
Jakarta Composite | 6,100.24 | -17.12 | -0.28 |
KLSE Composite | 1,596.84 | 4.65 | 0.29 |
Nikkei 225 | 23,112.88 | 74.30 | 0.32 |
Straits Times | 3,225.65 | 33.44 | 1.05 |
KOSPI Composite | 2,101.96 | 5.36 | 0.26 |
Taiwan Weighted | 11,566.80 | 8.53 | 0.07 |
