Asian markets ended mixed on Friday, as Chinese lending data added to signs the region’s biggest economy is weakening. Japanese shares advanced for a fifth day to extend a six-year high as exporters rose with the yen trading near its weakest against the dollar since 2008. A report showed aggregate financing, China’s broadest measure of credit, trailed estimates in August, adding to the government’s challenge to meet its economic growth target amid a slumping property market and a pullback in manufacturing. Chinese M2 Money Stock fell to 12.8%, from 13.5% in the preceding month. Industrial production in Japan rose more-than-expected last month. The industrial production rose to a seasonally adjusted 0.4%, from 0.2% in the preceding month. South Korean Interest Rate Decision remained unchanged at a seasonally adjusted annual rate of 2.25%, compared to the preceding quarter while South Korean Unemployment Rate rose to a seasonally adjusted annual rate of 3.5%, from 3.4% in the preceding month.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2331.95 | 20.27 | 0.88 |
Hang Seng | 24595.32 | -67.32 | -0.27 |
Jakarta Composite | 5143.71 | 10.68 | 0.21 |
KLSE Composite | 1855.64 | -10.47 | -0.56 |
Nikkei 225 | 15948.29 | 39.09 | 0.25 |
Straits Times | 3345.55 | -1.73 | -0.05 |
KOSPI Composite | 2041.86 | 7.70 | 0.38 |
Taiwan Weighted | 9223.18 | -99.77 | -1.07 |