Asian equity markets ended mostly higher on Tuesday. Chinese shares rose as the Communist Party of China endorsed a second five-year term for 64-year old President Xi Jinping, making him the country's most powerful leader since Mao Zedong. Further, Japanese shares extended gains for a 16th consecutive session on the back of a weaker yen and amid relief over the BOJ policies. On the economic front, the latest survey from Nikkei revealed that activity in Japan's manufacturing sector continued to expand in October, albeit at a slightly slower pace with a manufacturing PMI score of 52.5, down from 52.9 in September.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,388.25 | 7.55 | 0.22 |
Hang Seng | 28,154.97 | -150.91 | -0.53 |
Jakarta Composite | 5,952.08 | 2.05 | 0.03 |
KLSE Composite | 1,736.14 | -5.33 | -0.31 |
Nikkei 225 | 21,805.17 | 108.52 | 0.50 |
Straits Times | 3,334.67 | -15.13 | -0.45 |
KOSPI Composite | 2,490.49 | 0.44 | 0.02 |
Taiwan Weighted | 10,743.78 | 8.57 | 0.08 |