Asian markets finished mostly lower on Thursday, saddled by the concerns over global supply disruptions, persisting inflation, resurgence of Covid-19, and on fears over ramifications of historic tightening campaign by major Central Banks. Moreover, subdued risk taking in the last week of 2022 and lingering uncertainties over economic rebound in China dulled investor sentiments. Japan’s Nikkei finished lower amid the lingering global macroeconomic headwinds. Moreover, hefty technological sector sell-off and lower exporters pressured the index.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,073.70 | -13.70 | -0.44 |
Hang Seng | 19,741.14 | -157.77 | -0.79 |
Jakarta Composite | 6,860.08 | 9.56 | 0.14 |
KLSE Composite | 1,491.63 | 11.52 | 0.78 |
Nikkei 225 | 26,093.67 | -246.83 | -0.94 |
Straits Times | 3,249.24 | -17.73 | -0.54 |
KOSPI Composite | 2,236.40 | -44.05 | -1.93 |
Taiwan Weighted | 14,085.02 | -88.08 | -0.62 |