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Asian markets end lower ahead of European Central Bank meeting

05 Sep 2012 Evaluate

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

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