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 | 3,566.38 | 0.48 | 0.01 |
Hang Seng | 28,573.86 | 77.00 | 0.27 |
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 | 3,004.87 | 4.87 | 0.16 |
KOSPI Composite | 3,085.90 | -64.03 | -2.03 |
Taiwan Weighted | 15,616.39 | -90.80 | -0.58 |