Asian markets ended mostly higher on Friday, despite concerns about surging corona virus infections and worsening tensions between United States and China. Meanwhile, investors are more hopeful for large scale stimulus measures in Europe and the United States. The US Senate is expected to roll out a virus relief package worth some $1 trillion next week, while European Union leaders are meeting today to agree on a 750 billion euro recovery fund. Though, Japanese shares ended tad lower after Tokyo posted another single-day record of corona virus cases at 293 on Friday and surpassing Thursday's 286. Chinese shares ended almost flat as China’s better than expected GDP data fuelled concerns over the pace of policy easing, while foreign investors turned to sell shares after a torrid bull run.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,214.13 | 4.03 | 0.13 |
Hang Seng | 25,089.17 | 118.48 | 0.47 |
Jakarta Composite | 5,079.58 | -18.79 | -0.37 |
KLSE Composite | 1,596.33 | 31.33 | 2.00 |
Nikkei 225 | 22,696.42 | -73.94 | -0.32 |
Straits Times | 2,618.48 | -5.19 | -0.20 |
KOSPI Composite | 2,201.19 | 17.43 | 0.80 |
Taiwan Weighted | 12,181.56 | 23.82 | 0.20 |
