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Asian markets end mostly lower on Friday

15 Jan 2021 Evaluate

Asian markets ended mostly lower on Friday despite US President-elect joe Biden unveiled details of a $1.9 trillion stimulus proposal to support US households and businesses amid the corona virus pandemic. Japanese shares declined from a 30-year high hit the previous day even as tech-related shares gained after Taiwanese chipmaker TSMC posted its best-ever quarterly profit. Meanwhile, Chinese shares ended on a flat note on lingering Sino-US tensions after the US government blacklisted Chinese smartphone maker Xiaomi Corp and ten other companies over alleged military links.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,566.380.480.01

Hang Seng

28,573.8677.000.27

Jakarta Composite

6,373.41-54.91-0.85

KLSE Composite

1,627.01-8.70-0.53

Nikkei 225

28,519.18-179.08-0.62

Straits Times

3,004.874.870.16

KOSPI Composite

3,085.90-64.03-2.03

Taiwan Weighted

15,616.39-90.80-0.58