Asian markets settled lower on Friday despite optimism around corporate earnings. Chinese shares declined as lingering investor concerns over regulatory crackdowns outweighed China’s attempts to calm markets. Japanese shares ended lower amid uncertainty over Japan's economic rebound following nationwide Covid-19 infection cases reached 10,693 on Thursday. Meanwhile, Japan decided to expand states of emergency to three prefectures near Olympic host Tokyo and the western prefecture of Osaka to contain the virus.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,397.36 | -14.36 | -0.42 |
Hang Seng | 25,961.03 | -354.29 | -1.35 |
Jakarta Composite | 6,070.04 | -50.69 | -0.83 |
KLSE Composite | 1,494.60 | -18.33 | -1.21 |
Nikkei 225 | 27,283.59 | -498.83 | -1.80 |
Straits Times | 3,166.94 | -13.67 | -0.43 |
KOSPI Composite | 3,202.32 | -40.33 | -1.24 |
Taiwan Weighted | 17,247.41 | -155.40 | -0.89 |
