Asian markets ended mostly lower on Thursday as lackluster revenue forecast from AI darling Nvidia, disappointed investors. Nvidia, the world’s most valuable firm, projected its slowest revenue growth in seven quarters. Prevailing geopolitical concerns following the escalating conflict in Ukraine earlier this week have also weighed on risk sentiment, leading safe-haven assets higher, including gold and government bonds. Markets in China and Hong Kong saw a downturn as investors grappled with the dual prospects of U.S. tariff hikes and anticipated fiscal stimulus measures from Beijing.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,370.40 | 2.41 | 0.07 |
Hang Seng | 19,601.11 | -103.90 | -0.53 |
Jakarta Composite | 7,140.91 | -39.43 | -0.55 |
KLSE Composite | 1,588.68 | -9.50 | -0.59 |
Nikkei 225 | 38,026.17 | -326.17 | -0.86 |
Straits Times | 3,739.22 | -4.42 | -0.12 |
KOSPI Composite | 2,480.63 | -1.66 | -0.07 |
Taiwan Weighted | 22,555.66 | -132.70 | -0.59 |