Asian markets end higher on Friday
Stock markets of Indonesia and Malaysia were closed for trading on account of Mawlid-al-Nabi holiday.
Asian markets ended higher on Friday following positive cues from the US markets overnight. Sentiments got boost after U.S. President Donald Trump signed an executive order formalizing a lower Japanese auto import tariff of 15%, down from 27.5%. Chinese market ended higher following reports that the country's financial regulators are considering a number of cooling measures for the stock market. On the economic data front, Japan's leading index increased for the second straight month in July to the highest level in four months, preliminary data from the Cabinet Office showed. The leading index, which measures future economic activity, rose to 105.9 in July from 105.1 in June. That was in line with expectations. Meanwhile, stock markets of Indonesia and Malaysia were closed for trading on account of Mawlid-al-Nabi holiday.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,812.51 | 46.63 | 1.24 |
| Hang Seng | 25,417.98 | 359.47 | 1.43 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | -- | -- | -- |
| Nikkei 225 | 43,018.75 | 438.48 | 1.03 |
| Straits Times | 4,307.08 | 10.25 | 0.24 |
| KOSPI Composite | 3,205.12 | 4.29 | 0.13 |
| Taiwan Weighted | 24,494.58 | 314.73 | 1.30 |
