Asian equity markets made a mixed closing on Tuesday as China's official manufacturing PMI for October missed economists' expectations and the Bank of Japan kept its monetary policy steady, as widely expected. Japanese shares ended on a flat note as the dollar dipped versus the yen and preliminary figures showed Japan's industrial production dropped a seasonally adjusted 1.1 percent month-over-month in September, reversing a 2.0 percent rise in August. A separate report revealed that the country's jobless rate held steady for the third straight month in September, in line with expectations. Meanwhile, Chinese shares closed marginally higher, underpinned by strong gains in transport firms even as China posted a disappointing October manufacturing activity index. The manufacturing PMI fell to 51.6 from 52.4 in September.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,393.34 | 3.01 | 0.09 |
Hang Seng | 28,245.54 | -90.65 | -0.32 |
Jakarta Composite | 6,005.78 | 31.71 | 0.53 |
KLSE Composite | 1,747.92 | -0.43 | -0.02 |
Nikkei 225 | 22,011.61 | -0.06 | -- |
Straits Times | 3,374.08 | -1.89 | -0.06 |
KOSPI Composite | 2,523.43 | 21.50 | 0.86 |
Taiwan Weighted | 10,793.80 | 36.93 | 0.34 |