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 |