Asian markets ended mostly lower on Monday as hopes of an imminent US-China trade deal faded and investors looked ahead to the US mid-term elections as well as the FOMC meeting for directional cues. Chinese shares ended lower despite President Xi Jinping praising globalization and China's commitment to free trade. On the data front, China's private sector expanded at the weakest pace in more than two years in October with both services and manufacturing noting weaker performances, survey results from IHS Markit showed today. The Caixin composite output index fell to a 28-month low of 50.5 from 52.1 in September. Further, Japanese shares fell sharply in thin trading as caution set in ahead of US mid-term elections.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,665.43 | -11.05 | -0.41 |
Hang Seng | 25,934.39 | -551.96 | -2.13 |
Jakarta Composite | 5,920.59 | 14.30 | 0.24 |
KLSE Composite | 1,708.80 | -5.07 | -0.30 |
Nikkei 225 | 21,898.99 | -344.67 | -1.57 |
Straits Times | 3,060.62 | -55.77 | -1.82 |
KOSPI Composite | 2,076.92 | -19.08 | -0.92 |
Taiwan Weighted | 9,889.81 | -16.78 | -0.17 |
