Asian markets ended mostly down on Thursday tracking mixed cues from Wall Street overnight after US President Donald Trump floated a 25% reciprocal tariff on European cars and other goods and signaled another month-long extension for looming levies on Canada and Mexico. Hong Kong shares declined as a tech-driven rally took a breather following Nvidia's upbeat earnings forecast and amid concerns over US tariffs on semiconductor chips and key exports. However, Japanese shares rose as a weaker yen helped lift export-related shares. Chinese shares gained ahead of the National People's Congress next week.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,388.06 | 7.85 | 0.23 |
Hang Seng | 23,718.29 | -69.64 | -0.29 |
Jakarta Composite | 6,485.45 | -120.73 | -1.86 |
KLSE Composite | 1,586.60 | -2.11 | -0.13 |
Nikkei 225 | 38,256.17 | 113.80 | 0.30 |
Straits Times | 3,921.19 | 13.14 | 0.34 |
KOSPI Composite | 2,621.75 | -19.34 | -0.74 |
Taiwan Weighted | 23,053.18 | -349.37 | -1.52 |