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MoneyWorks4Me

Asian markets end mostly in red on Thursday

20 Oct 2016 Evaluate

Asian stocks ended mostly in red on Thursday as oil prices fell slightly in Asian deals after sharp gains overnight, but a weaker yen and hopes that the European Central Bank will extend its QE program supported some underlying sentiment. Chinese stocks ended on a flat note as investors took stock of a slew of key data released this week, including strong-than-expected loan growth in September, and third-quarter economic growth of 6.7 percent, which was in line with expectations. Meanwhile, Japanese shares ended higher, taking cues from rising US stocks, as investors priced in the outcome of the final US presidential election debate, which a snap poll suggested was won by Democratic candidate Hillary Clinton.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,084.46

-0.26

-0.01

Hang Seng

23,374.40

69.43

0.30

Jakarta Composite

5,403.69

-5.60

-0.10

KLSE Composite

1,667.18

-1.09

-0.07

Nikkei 225

17,235.50

236.59

1.39

Straits Times

2,842.62

-2.00

-0.07

KOSPI Composite

2,040.60

-0.34

-0.02

Taiwan Weighted

9,317.24

33.25

0.36