Asian markets ended mostly lower on Thursday, tracked by losses in Wall Street overnight after fresh US labour data showed another spike in joblessness in April 2020. The ADP jobs report showed that US companies lost 20.2 million jobs in April. The government's April jobs report is due Friday. Chinese shares ended lower, despite data showed China's exports grew unexpectedly by 3.5 percent in US dollar terms for the month of April stoking speculation that China could recover from its corona virus lockdown quicker than first thought and supporting global growth. Though, Japanese shares closed modestly higher as trading resumed after Golden Week holidays. Meanwhile, markets in Singapore, Indonesia and Malaysia were closed in observance of Vesak Day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,871.52 | -6.62 | -0.23 |
Hang Seng | 23,980.63 | -156.85 | -0.65 |
Jakarta Composite | - | - | - |
KLSE Composite | - | - | - |
Nikkei 225 | 19,674.77 | 55.42 | 0.28 |
Straits Times | - | - | - |
KOSPI Composite | 1,928.61 | -0.15 | -0.01 |
Taiwan Weighted | 10,842.92 | 67.94 | 0.63 |
