Asian markets ended in green on Friday as investors cheered media reports suggesting that the US Treasury Department has not labeled China as a currency manipulator in an internal report. Sentiments were also bolstered after data showed China's exports have so far held up well despite escalating trade tensions with the US. China's exports logged a double-digit growth in September, figures from customs administration revealed. Exports grew 14.5 percent year-on-year in September, faster than the 9.8 percent increase seen in August. Imports advanced an annual 14.3 percent, resulting in higher trade surplus of around $32 billion in September. Japanese shares finished modestly higher as the yen held broadly lower and data showed Chinese exports strengthened unexpectedly in September.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,606.91 | 23.45 | 0.90 |
Hang Seng | 25,801.49 | 535.12 | 2.07 |
Jakarta Composite | 5,756.49 | 53.67 | 0.93 |
KLSE Composite | 1,730.74 | 22.25 | 1.30 |
Nikkei 225 | 22,694.66 | 103.80 | 0.46 |
Straits Times | 3,069.17 | 21.78 | 0.71 |
KOSPI Composite | 2,161.85 | 32.18 | 1.49 |
Taiwan Weighted | 10,045.81 | 239.70 | 2.39 |
