Asian equity markets ended mixed on Friday after a Senate vote on US tax bill got delayed and a private survey showed that activity in China's vast manufacturing sector fell in November to the weakest pace in five months. The dollar held steady against the Japanese yen and oil prices extended overnight gains after a decision by the world’s biggest oil producers to extend oil output cuts until the end of 2018, helping support underlying sentiments to some extent. Regional manufacturing surveys also painted a mostly positive picture. Japanese shares ended higher as the yen weakened against the greenback. Chinese shares ended flat on concerns over slowing growth after the Caixin manufacturing PMI dropped to 50.8 in November from 51.0 in October, signaling a slight slowdown in economic activity. Meanwhile, Markets in Indonesia and Malaysia were closed in observance of the birth of the prophet Muhammad.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,317.62 | 0.43 | 0.01 |
Hang Seng | 29,074.24 | -103.11 | -0.35 |
Jakarta Composite | - | - | - |
KLSE Composite | - | - | - |
Nikkei 225 | 22,819.03 | 94.07 | 0.41 |
Straits Times | 3,449.54 | 16.00 | 0.47 |
KOSPI Composite | 2,475.41 | -0.96 | -0.04 |
Taiwan Weighted | 10,600.37 | 39.93 | 0.38 |