Asian markets settled mostly higher on Friday tracking the broadly positive cues from Wall Street overnight with expectations that the US Fed will cut interest rates this year. Meanwhile investors were awaiting a key US inflation reading later in the day, that could provide further clues on the interest rate cut timeline this year. Japanese shares rose by gains in technology sector, despite selling among key semiconductor shares following disappointing guidance from memory-chip maker Micron Technology. Seoul shares gained even as industrial output falling in May.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,967.40 | 21.55 | 0.73 |
| Hang Seng | 17,718.61 | 2.14 | 0.01 |
| Jakarta Composite | 7,063.58 | 95.63 | 1.37 |
| KLSE Composite | 1,590.09 | 5.15 | 0.32 |
| Nikkei 225 | 39,583.08 | 241.54 | 0.61 |
| Straits Times | 3,332.80 | -10.55 | -0.32 |
| KOSPI Composite | 2,797.82 | 13.76 | 0.49 |
| Taiwan Weighted | 23,032.25 | 126.27 | 0.55 |
