Asian markets ended mostly in red on Monday as strong US jobs data for September added to worries about rising interest rates and investors brushed aside central bank policy loosening in China. Chinese shares ended lower, as investors back from a long holiday dumped shares across the board despite Beijing’s weekend move to spur more lending at a time of growing fears the economic impact of the Sino-US trade war will deepen. Meanwhile, China's private sector logged a moderate growth in September as improved services activity was offset by softer manufacturing growth, survey data from IHS Markit showed. The Caixin composite output index rose marginally to 52.1 from 52.0 in August. The services PMI signaled the strongest increase in activity for three months, while manufacturing production showed a marginal pace of expansion that was the weakest since October 2017. The Japanese market was closed for the Health-Sports day holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,716.51 | -104.84 | -3.86 |
Hang Seng | 26,202.57 | -370.00 | -1.41 |
Jakarta Composite | 5,761.07 | 29.13 | 0.51 |
KLSE Composite | 1,775.75 | -1.40 | -0.08 |
Nikkei 225 | - | - | - |
Straits Times | 3,181.45 | -28.34 | -0.89 |
KOSPI Composite | 2,253.83 | -13.69 | -0.61 |
Taiwan Weighted | 10,455.93 | -61.19 | -0.59 |
