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Asian markets end mostly in red on Thursday

01 Sep 2016 Evaluate

The Asian markets ended mostly in red on Thursday as investors cautiously awaited US jobs data, due Friday, for clues on the timing of a possible interest rate hike by the Federal Reserve. A recent report from payroll processor ADP, showed that private US employers continued to hire at a solid clip in August, adding 177,000 workers, raised expectations for strong nonfarm-payroll numbers. Chinese shares ended a tad lower, dragged down by financials and property developers as better-than-expected manufacturing data reinforced growing views among investors that China's central bank will be in no hurry to inject further stimulus. However, Japanese shares hit a three-month closing high, as the dollar/yen paid held above 103 and latest survey data signaled an increase in Japanese manufacturing output for the first time in six months.

Asian Indices

Last Trade            

Change in Points

Change in %

Shanghai Composite

3,063.31 -22.19-0.72

Hang Seng

23,162.34 185.460.81

Jakarta Composite

5,334.55 -51.54-0.96

KLSE Composite

1,670.55 -7.51-0.45

Nikkei 225

16,926.84 39.440.23

Straits Times

2,816.47 -4.12-0.15

KOSPI Composite

2,032.72 -1.93-0.09

Taiwan Weighted

9,001.15 -67.70-0.75