Asian markets ended mostly lower on Friday, tracking losses in Wall Street overnight as US Fed's dour economic projections along with resurgence of corona virus infections prompted investor concerns. The US Federal Reserve released a gloomy economic outlook at the end of its two-day monetary policy meeting on Wednesday. US Federal Reserve Chairman Jerome Powell warned of a ‘long road’ to recovery. Japanese shares ended lower as the safe-haven yen strengthened, even though Japan's parliament approved a record $300 billion second extra budget in an effort to shore up the economy.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,919.74 | -1.16 | -0.04 |
Hang Seng | 24,301.38 | -178.77 | -0.73 |
Jakarta Composite | 4,880.36 | 25.61 | 0.53 |
KLSE Composite | 1,546.02 | -11.23 | -0.72 |
Nikkei 225 | 22,305.48 | -167.43 | -0.75 |
Straits Times | 2,684.63 | -19.58 | -0.72 |
KOSPI Composite | 2,132.30 | -44.48 | -2.04 |
Taiwan Weighted | 11,429.94 | -105.83 | -0.92 |
