The Asian markets concluded Friday’s trade mostly in red, with profit-taking wiping out early gains that came in response to a surge in US jobs in June and a record close on Wall Street. A measure of expected fluctuations in Indonesian rupiah’s jumped to a four-month high as the race for the presidency tightened before next week’s election. Service activity in China’s state-owned enterprises grew at a slower pace in June but their private counterparts performed at their strongest in 15 months. The official non-manufacturing Purchasing Managers’ Index, compiled by the China Federation of Logistics and Purchasing which weighs toward state-owned enterprises, fell to 55 last month from 55.5 in May. Investment in Shanghai’s real estate market in the first six months slumped 14% year on year but the downturn is set to accelerate in the second half. The transaction value of all major real estate deals - those worth at least $10 million - in the January to June period was $15.7 billion, down from $18.3 billion in the first half of last year. Malaysian Trade Balance fell to 5.72B, from 8.90B in the preceding month. Philippines CPI rose to a seasonally adjusted annual rate of 0.4%.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2059.38 | -3.85 | -0.19 |
Hang Seng | 23546.36 | 14.92 | 0.06 |
Jakarta Composite | 4905.83 | 17.09 | 0.35 |
KLSE Composite | 1884.91 | -3.78 | -0.20 |
Nikkei 225 | 15437.13 | 88.84 | 0.58 |
Straits Times | 3272.25 | -0.90 | -0.03 |
KOSPI Composite | 2009.66 | -1.31 | -0.07 |
Taiwan Weighted | 9510.05 | -16.18 | -0.17 |
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