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Asian markets end mixed on Thursday

01 Jun 2017 Evaluate

Asian equity markets made a mixed closing on Thursday, with Chinese shares starting the month on a bearish note after a private business survey showed manufacturing activity unexpectedly contracted in May, fuelling worries that the economy may be cooling more rapidly than expected. The latest survey from Caixin revealed a manufacturing PMI score of 49.6, down from 50.3 in April and missing forecasts for a score of 50.1. Other regional manufacturing reports painted a mixed picture, with activity in Japan's manufacturing sector expanding at a faster rate in May and Australia's manufacturing sector expanding at a slower pace, while South Korea's manufacturing activity remained in contraction. Investors keenly awaited Friday's US non-farm payrolls numbers as a positive report could pave the way for a rate hike in mid-June. Traders also awaited US President Donald Trump's decision on whether the US will pull out of the historic Paris climate accord. Meanwhile, Japanese shares snapped a four-day losing streak, lifted by upbeat domestic data.

Asian Indices

Last Trade            

Change in Points

Change in %  

Shanghai Composite

3,102.62

-14.55

-0.47

Hang Seng

25,809.22

148.57

0.58

Jakarta Composite

-

-

-

KLSE Composite

1,763.11

-2.76

-0.16

Nikkei 225

19,860.03

209.46

1.07

Straits Times

3,235.96

25.14

0.78

KOSPI Composite

2,344.61

-2.77

-0.12

Taiwan Weighted

10,087.42

46.70

0.47

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