Asian markets settled down in thin trade on Friday, with markets in mainland China, Hong Kong, Indonesia and Taiwan closing for market holidays. Market sentiments weakened further by tracking Wall Streets’ heavy losses overnight after the announcement of sweeping new tariffs stoked fears of a trade war and the US entering a recession. Japanese shares declined as exporters were hit by a stronger yen. Seoul shares fell as South Korean President Yoon Suk Yeol was ousted by the Constitutional Court, ushering in an election after it upheld parliament's impeachment over his imposition of martial law that sparked the nation's worst political crisis in decades. Investors were awaiting the monthly US jobs report as well as remarks by Federal Reserve Chair Jerome Powell due later in the day for further direction.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | -- | -- | -- |
| Hang Seng | -- | -- | -- |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | 1,504.14 | -14.77 | -0.97 |
| Nikkei 225 | 33,780.58 | -955.35 | -2.83 |
| Straits Times | 3,825.86 | -116.37 | -3.04 |
| KOSPI Composite | 2,465.42 | -21.28 | -0.86 |
| Taiwan Weighted | -- | -- | -- |
