Asian markets ended lower on Thursday following Wall Street’s overnight declines after minutes from the July Federal Reserve meeting indicated a willingness to start reducing asset purchases before the end of the year. Further, worries about surging delta variant of the corona-virus too dented risk appetite. Chinese and Hong Kong shares settled lower after China published detailed rules aimed at tackling unfair competition and companies' handling of critical data in a move to tighten control of its technology sector. Moreover, Japanese shares declined after reports that Toyota Motor plans to slash its global output by 40 percent next month due to chip shortages.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,465.55 | -19.74 | -0.57 |
Hang Seng | 25,316.33 | -550.68 | -2.13 |
Jakarta Composite | 5,992.32 | -125.83 | -2.06 |
KLSE Composite | 1,514.95 | -10.29 | -0.67 |
Nikkei 225 | 27,281.17 | -304.74 | -1.10 |
Straits Times | 3,089.21 | -42.23 | -1.35 |
KOSPI Composite | 3,097.83 | -61.10 | -1.93 |
Taiwan Weighted | 16,375.40 | -450.87 | -2.68 |
