Asian markets were mixed in early trading Friday, after a Wall Street selloff as investors remained concerned about the possibility of a protracted trade war.
While no new trade talks between the U.S. and China are scheduled, President Donald Trump on Thursday said a deal was still possible, and against predicted a swift end to the yearlong trade war.
Japan’s Nikkei
NIK, -0.59%
fell 0.6%, but Hong Kong’s Hang Seng Index
HSI, +0.21%
rose 0.3% and the Shanghai Composite
SHCOMP, -0.04%
was up 0.3%. South Korea’s Kospi
180721, -1.04%
fell 0.8% while benchmark indexes in Taiwan
Y9999, +0.27%
, Singapore
STI, -0.13%
and Indonesia
JAKIDX, +0.25%
were up slightly. Australia’s S&P/ASX 200
XJO, -0.74%
slipped 0.7%.
Among individual stocks, e-commerce company Rakuten
4755, +2.94%
gained in Tokyo trading while oil producer Inpex
1605, -5.09%
fell, as did Honda Motor
7267, -1.00%
. In Hong Kong, AAC
2018, +1.82%
and Wharf Real Estate
1997, +1.35%
rose, while casino operator Sands China
1928, -3.44%
sank. Samsung
005930, -3.08%
dropped in South Korea, while Taiwan Semiconductor
2330, +1.30%
advanced in Taiwan. In Australia, Beach Energy
BPT, -5.02%
and Oil Search
OSH, -2.97%
fell.
Source : MTV
