Asian markets end mostly lower on Thursday

28 Sep 2017 Evaluate

Asian equity markets ended mostly lower on Thursday after South Korea said it expects North Korea to engage in more provocation action next month, to coincide with the anniversary of the founding of its communist party and China's Communist Party Congress. The dollar held steady near one-month high after US President Donald Trump unveiled his long-awaited tax reform plan overnight. Gold rebounded from one-month lows, while oil prices fell after ending higher on Wednesday. Chinese stocks closed a tad lower as many investors took to the sidelines as they awaited third quarter economic data and counted down to a week-long National Day holiday starting on Sunday. Though, Japanese shares ended higher as the gains in the dollar against the yen helped lift exporters and financials, it also climbed on expectations for a US Federal Reserve interest rate hike in December.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,339.64	-5.63	-0.17
Hang Seng	27,421.60	-220.83	-0.80
Jakarta Composite	5,841.05	-21.98	-0.37
KLSE Composite	1,758.06	-6.18	-0.35
Nikkei 225	20,363.11	96.06	0.47
Straits Times	3,227.14	-9.01	-0.28
KOSPI Composite	2,373.14	0.57	0.02
Taiwan Weighted	10,296.45	-30.23	-0.29

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