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Asian markets end in red on Friday

01 Aug 2014 Evaluate

The Asian markets concluded Friday’s trade in red, with Hong Kong benchmark index ending eight-day winning streak, amid a rout that saw a gauge of worldwide equities slump the most in six months. Activity in China's vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick-up in export orders that hinted at a long-awaited revival in global trade. China's official manufacturing purchasing managers' index (PMI) rose to 51.7 in July - the strongest since April 2012 and up from 51 in June. The upbeat result was echoed in the HSBC/Markit China measure of manufacturing which climbed to an 18-month peak of 51.7, from June's 50.7. South Korean Trade Balance fell to a seasonally adjusted 2.52B, from 5.50B in the preceding quarter. South Korean CPI fell to a seasonally adjusted annual rate of 1.6%, from 1.7% in the preceding month. Thai CPI fell to a seasonally adjusted annual rate of 2.16%, from 2.35% in the preceding month.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2185.30

-16.26

-0.74

Hang Seng

24532.43

-224.42

-0.91

Jakarta Composite

5088.80

-9.84

-0.19

KLSE Composite

1863.34

-8.02

-0.43

Nikkei 225

15523.11

-97.66

-0.63

Straits Times

 3344.42

-29.64

-0.88

KOSPI Composite

2073.10

-3.02

-0.15

Taiwan Weighted

9266.51

-49.34

-0.53