Asian markets ended mostly lower on Thursday tracking weak global markets after US Fed officials forecasted two hikes in the rates by end of 2023, earlier than anticipated, as economic activity heats up. Japanese shares declined even as the yen weakened. Foreigners sold a net 16.53-billion-yen ($149.38 million) worth of Japanese stocks in the week ended June 11, data from Japanese exchanges showed. Although, Chinese shares rose as the slowing factory output growth data helped ease fears of policy tightening in the world’s second-largest economy.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,525.60 | 7.27 | 0.21 |
Hang Seng | 28,558.59 | 121.75 | 0.43 |
Jakarta Composite | 6,068.45 | -10.12 | -0.17 |
KLSE Composite | 1,570.86 | -7.46 | -0.47 |
Nikkei 225 | 29,018.33 | -272.68 | -0.93 |
Straits Times | 3,138.31 | -1.26 | -0.04 |
KOSPI Composite | 3,264.96 | -13.72 | -0.42 |
Taiwan Weighted | 17,390.61 | 82.75 | 0.48 |
