Asian markets ended lower on Thursday after upbeat US economic data drove 10-year US Treasury yields to their highest level since 2011, raising concerns the Federal Reserve may raise interest rates aggressively. A report from ADP and Moody's Analytics showed private payrolls in the US increasing by 230,000 in September - the highest in seven months. Japanese shares closed lower after rising earlier in the day on the back of a weak yen and a record close on Wall Street overnight. Meanwhile, the Chinese markets remain closed all week for the National Day holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 26,623.87 | -467.39 | -1.76 |
Jakarta Composite | 5,756.62 | -111.12 | -1.93 |
KLSE Composite | 1,790.11 | -6.19 | -0.34 |
Nikkei 225 | 23,975.62 | -135.34 | -0.56 |
Straits Times | 3,231.59 | -35.81 | -1.11 |
KOSPI Composite | 2,274.49 | -35.08 | -1.54 |
Taiwan Weighted | 10,718.91 | -145.03 | -1.35 |