Asian markets end mostly in red on Tuesday

25 Oct 2016 Evaluate

Asian stocks ended mostly in red on Tuesday as South Korean economic data disappointed. Reports showed that South Korea’s gross domestic product grew 2.7% year-over-year in the third quarter, down from a 3.3% gain in the prior three-month period. Further, falling oil prices overnight too weighed on market sentiment. Hong Kong shares ended slightly lower after mainland markets put up a lackluster performance and as investors were cautious about the increasing possibility of a US interest rate increase in December. While, Japanese stocks ended higher as a weaker yen lifted hopes that exporters' earnings will recover.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,131.94	3.69	0.12
Hang Seng	23,565.11	-38.97	-0.17
Jakarta Composite	5,397.82	-23.18	-0.43
KLSE Composite	1,677.43	-0.33	-0.02
Nikkei 225	17,365.25	130.83	0.76
Straits Times	2,854.05	-2.63	-0.09
KOSPI Composite	2,037.17	-10.57	-0.52
Taiwan Weighted	9,385.65	63.15	0.68

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