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Asian markets end mixed on Friday

Chinese shares gained after data showed a 15.2% year-on-year jump in industrial profits for the January-February period

Asian markets ended mixed on Friday amid uncertainty around the US-Iran negotiations to potentially end the West Asia conflict. US President Donald Trump has delayed planned strikes on Iranian energy infrastructure, extending his deadline for Tehran to reopen the Strait of Hormuz to April 6, while claiming negotiations are ‘going very well’. However, reports suggest Iran didn't request this extension, challenging Trump's statement and adding fresh worries to the ongoing West Asia conflict. Japanese shares declined tracking steep declines on Wall Street overnight. Meanwhile, Chinese shares gained after data showed a 15.2% year-on-year jump in industrial profits for the January-February period.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,913.72

24.64

0.63

Hang Seng

24,951.88

95.45

0.38

Jakarta Composite

7,097.06

-67.03

-0.94

KLSE Composite

1,712.65

1.76

0.10

Nikkei 225

53,373.07

-230.58

-0.43

Straits Times

4,898.18

10.42

0.21

KOSPI Composite

5,438.87

-21.59

-0.40

Taiwan Weighted

33,112.59

-225.03

-0.68