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Asian markets settle mostly lower on Friday

05 Jun 2026 Evaluate
Asian markets settled mostly lower on Friday, with South Korea's Kospi dropped more than 5% amid a major sell-off in artificial intelligence and semiconductor stocks. The steep drop triggered by US chipmaker Broadcom's disappointing revenue guidance prompted the Korea Exchange to activate a sell-side ‘sidecar’ that temporarily halted program trading. Indonesian shares remained under pressure, fell more than 4% amid speculation that MSCI could downgrade Indonesia to Frontier Market status ahead of its June 19 review. Moreover, lingering uncertainty over US-Iran peace negotiations also kept regional markets under pressure. Meanwhile, investors were awaiting key US jobs report due later in the day.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,027.74

-30.05

-0.74

Hang Seng

24,961.95

-291.45

-1.15

Jakarta Composite

5,594.77

-245.03

-4.38

KLSE Composite

1,693.43

10.17

0.60

Nikkei 225

66,588.12

-882.57

-1.31

Straits Times

5,049.96

-17.57

-0.35

KOSPI Composite

8,160.59

-478.82

-5.54

Taiwan Weighted

45,070.94

-606.52

-1.33

  

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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