Asian markets ended mixed on Thursday as US Federal Reserve hiked interest rates for the first time in three years and signalled more hikes to curb persistent inflation. Chinese and Hong Kong markets declined as traders remained on sidelines ahead of high-level US-China talks scheduled for this weekend for final preparatory discussions before the September 24 summit between Presidents Donald Trump and Xi Jinping at the White House in Washington. Meanwhile, Japan’s Nikkie gained on declining oil prices amid expectations that crude flows through Saudi Arabia’s East-West pipeline could resume soon.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,875.60 | -16.00 | -0.41 |
Hang Seng | 24,604.29 | -109.49 | -0.44 |
Jakarta Composite | 6,462.43 | 25.58 | 0.40 |
KLSE Composite | 1,674.74 | -4.47 | -0.27 |
Nikkei 225 | 64,136.25 | 213.25 | 0.33 |
Straits Times | 5,660.52 | 25.11 | 0.45 |
KOSPI Composite | 6,715.41 | -2.56 | -0.04 |
Taiwan Weighted | 46,288.00 | 439.10 | 0.96 |
