Asian markets settle mixed on Friday
Indonesian and Malaysian markets were closed for Islamic New Year (Hijri)
Asian markets settled mixed on Friday after US President Donald Trump announced a trade deal with China and hinted at an upcoming 'great deal' with India. Meanwhile, investors were cautiously awaiting the US May Personal Consumption Expenditures Price Index data due later in the session. Chinese shares declined after data showed China's industrial profits fell 9.1% year on year in the first five months of the year in the face of deepening deflationary pressures and a persistent property crisis. Japanese shares gained amid hopes that the US will extend the deadline for reciprocal tariffs. Indonesian and Malaysian markets were closed for Islamic New Year (Hijri).
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,424.23 | -24.22 | -0.71 |
| Hang Seng | 24,284.15 | -41.25 | -0.17 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | -- | -- | -- |
| Nikkei 225 | 40,150.79 | 566.21 | 1.41 |
| Straits Times | 3,966.20 | 27.74 | 0.70 |
| KOSPI Composite | 3,055.94 | -23.62 | -0.77 |
| Taiwan Weighted | 22,580.08 | 87.74 | 0.39 |
