Asian markets settled mostly lower on Friday in caution ahead of US Fed Chair Jerome Powell's speech at Jackson Hole later in the day. Powell is expected to outline whether interest rates should continue to rise to combat high inflation. Seoul shares declined tracking Wall Street shares’ fall overnight. Japanese stocks dropped on concerns about worsening trade ties with China after Japan began releasing contaminated water from the Fukushima plant into the Pacific Ocean.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,082.14 | -0.10 | 0.00 |
Hang Seng | 18,119.39 | -92.78 | -0.51 |
Jakarta Composite | 6,895.44 | -3.95 | -0.06 |
KLSE Composite | 1,444.41 | -0.26 | -0.02 |
Nikkei 225 | 31,624.28 | -662.93 | -2.10 |
Straits Times | 3,189.88 | 9.16 | 0.29 |
KOSPI Composite | 2,519.14 | -18.54 | -0.74 |
Taiwan Weighted | 16,481.58 | -289.29 | -1.76 |
