Asian markets settled mostly down on Friday ahead of key US jobs data due later in the day that could influence the timing and pace of Fed rate cuts. Japanese shares declined marginally with speculation that the Bank of Japan might drop clues on bond tapering plan when authorities meet next week. However, Chinese shares gained marginally after the release of mixed trade data. China's exports posted an annual growth of 7.6% following a 1.5% rise in April, while China's total imports grew 1.8% on-year in May down from the 8.4% surge recorded in April.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,051.28 | 2.49 | 0.08 |
Hang Seng | 18,366.95 | -109.85 | -0.60 |
Jakarta Composite | 6,897.95 | -76.95 | -1.12 |
KLSE Composite | 1,617.86 | 3.13 | 0.19 |
Nikkei 225 | 38,683.93 | -19.58 | -0.05 |
Straits Times | 3,330.77 | -0.04 | -- |
KOSPI Composite | 2,722.67 | 33.17 | 1.22 |
Taiwan Weighted | 21,858.38 | -44.32 | -0.20 |