Asian markets extended losses and ended lower on Wednesday tracking losses in Europe and on Wall Street after a third straight monthly contraction in US manufacturing activity. Meanwhile, poor numbers on factory activity from Asia and Europe also pressurized the market but investors still hopeful towards a European Central Bank meeting, for new measures to fight the lingering debt crisis. However, China, a major global growth driver, saw its manufacturing activity fall to its lowest level in more than three years in August.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,037.68 | -5.97 | -0.29 |
Hang Seng | 19,145.07 | -284.84 | -1.47 |
Jakarta Composite | 4,075.35 | -29.90 | -0.73 |
KLSE Composite | 1,641.01 | -13.10 | -0.79 |
Nikkei 225 | 8,679.82 | -95.69 | -1.09 |
Straits Times | 2,995.90 | -15.65 | -0.52 |
KOSPI Composite | 1,874.03 | -33.10 | -1.74 |
Taiwan Weighted | 7,367.44 | -83.91 | -1.13 |