The Asian markets concluded Wednesday’s trade mostly in red, retreating from a seven-month high, as investors await a report on US jobs and a decision from the European Central Bank on monetary policy. South Korea market was closed today on account of ‘Regional Election Day’ holiday. China’s service sector performed at its best in six months in May as the economy stabilized. According to the National Bureau of Statistics and the China Federation of Logistics and Purchasing, the official non-manufacturing Purchasing Managers’ Index, a gauge of service vitality weighted over state-owned enterprises, rose to 55.5 last month. Indonesia’s central bank deputy governor stated that the country’s current account deficit will be around 2.8 to 2.9 percent of GDP this year. The deficit was 3.3 percent last year. Singaporean PMI fell to 50.8, from 51.1 in the preceding month.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2024.83 | -13.47 | -0.66 |
Hang Seng | 23151.71 | -139.33 | -0.60 |
Jakarta Composite | 4932.56 | -9.59 | -0.19 |
KLSE Composite | 1865.20 | -7.35 | -0.39 |
Nikkei 225 | 15067.96 | 33.71 | 0.22 |
Straits Times | 3280.17 | -16.50 | -0.50 |
KOSPI Composite | - | - | - |
Taiwan Weighted | 9119.96 | -3.50 | -0.04 |