Asian markets ended mostly lower on Thursday tracking losses in Wall Street overnight as investors eyed inflation worries. Further, prospects of aggressive Federal tightening spurred by stronger than expected US ISM manufacturing report also weighed on market sentiments. Seoul shares tumbled on growing worries over the threat of recession. A private sector survey showed that South Korea's factory activity growth slowed in May as output and new export orders decreased amid supply-chain disruptions. Although, Chinese shares gained after China's cabinet announced detailed measures to support infrastructure construction and counter economic slowdown.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,195.46 | 13.30 | 0.42 |
Hang Seng | 21,082.13 | -212.81 | -1.00 |
Jakarta Composite | 7,148.72 | -0.25 | -- |
KLSE Composite | 1,549.90 | -3.51 | -0.23 |
Nikkei 225 | 27,413.88 | -44.01 | -0.16 |
Straits Times | 3,226.72 | -17.28 | -0.53 |
KOSPI Composite | 2,658.99 | -26.91 | -1.00 |
Taiwan Weighted | 16,552.57 | -122.52 | -0.73 |
