Asian markets closed the shop on a weak note after a fresh spike in US interest rates re-ignited concerns about capital flows from the region and forced investors to pare back their Asian portfolios. Japan’s Nikkei went home with red mark before the Bank of Japan's policy decision. South Korean market ended lower as decline in Samsung Electronics weighed on the market. Hong Kong’s Hang Seng closed lower, led by financial and real estate shares.
Markets in China remained closed for the trade on account of Dragon Boat Festival holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 21,354.66 | -260.43 | -1.20 |
Jakarta Composite | 4,609.95 | -167.42 | -3.50 |
KLSE Composite | 1,779.57 | -8.23 | -0.46 |
Nikkei 225 | 13,317.62 | -196.58 | -1.45 |
Straits Times | 3,170.38 | -30.13 | -0.94 |
KOSPI Composite | 1,920.68 | -12.02 | -0.62 |
Taiwan Weighted | 8,116.15 | -44.40 | -0.54 |