Asian markets ended mixed on Friday tracking the mixed cues from Wall Street overnight amid fading expectations of a series of interest rate cuts by the US Federal Reserve after the Fed officials forecasted just one interest rate cut this year. Seoul shares gained on sustained strength in technology shares and signs of falling inflation in the United States. Data showed the annual rate of producer price growth slowed to 2.2% in May from an upwardly revised 2.3% in April. Japanese shares gained after the BoJ opted to leave policy settings unchanged, signalling a decision on paring bond purchases would come next month. Chinese shares gained marginally even by new European Union tariffs against the country’s major electric vehicles. Kospi average marginally rose as the government extended a market-wide ban on short-selling of stocks through the first quarter of 2025.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,032.63 | 3.71 | 0.12 |
| Hang Seng | 17,941.78 | -170.85 | -0.95 |
| Jakarta Composite | 6,734.83 | -96.73 | -1.44 |
| KLSE Composite | 1,607.32 | -2.85 | -0.18 |
| Nikkei 225 | 38,814.56 | 94.09 | 0.24 |
| Straits Times | 3,297.55 | -26.98 | -0.82 |
| KOSPI Composite | 2,758.42 | 3.53 | 0.13 |
| Taiwan Weighted | 22,504.72 | 192.68 | 0.86 |
