Asian equity markets ended mixed on Wednesday as underlying sentiments turned cautious in the wake of expectations for a December rate hike from the Federal Reserve and the IMF’s warning that China’s credit growth is on a ‘dangerous trajectory’. Chinese shares ended lower after central bank data showed China’s new yuan loans fell sharply in July and broad money supply growth slowed. Further, Japanese shares ended slightly lower, dragged down by automakers on uncertainty about the fate of Mexico ahead of the first round of NAFTA negotiations.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,246.45 | -4.81 | -0.15 |
Hang Seng | 27,409.07 | 234.11 | 0.86 |
Jakarta Composite | 5,891.95 | 56.91 | 0.98 |
KLSE Composite | 1,773.75 | 1.36 | 0.08 |
Nikkei 225 | 19,729.28 | -24.03 | -0.12 |
Straits Times | 3,278.95 | -15.98 | -0.48 |
KOSPI Composite | 2,348.26 | 14.04 | 0.60 |
Taiwan Weighted | 10,290.39 | -20.77 | -0.20 |