Asian markets ended mostly higher on Friday, despite weak cues overnight from Wall Street as tech stocks resumed their decline on growing doubts about US stimulus and worries about their stretched valuations. Japanese shares ended up as the capital city Tokyo dropped its corona virus alert by one notch from the highest level as Covid-19 infections continue to decline. Hong Kong shares closed higher, though the benchmark index ended lower for the week as economic worries and tensions between Washington and Beijing continued to weigh on sentiment.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,260.35 | 25.53 | 0.79 |
Hang Seng | 24,503.31 | 189.77 | 0.78 |
Jakarta Composite | 5,016.71 | 125.25 | 2.56 |
KLSE Composite | 1,504.85 | 14.73 | 0.99 |
Nikkei 225 | 23,406.49 | 171.02 | 0.74 |
Straits Times | 2,490.09 | -2.00 | -0.08 |
KOSPI Composite | 2,396.69 | 0.21 | 0.01 |
Taiwan Weighted | 12,675.95 | -15.80 | -0.12 |