Asian markets ended mostly lower on Friday as worries about the health of the world's second-largest economy overshadowed optimism from a Brexit deal between the UK and the European Union. Chinese shares ended lower after the release of China’s disappointing third-quarter growth data, that raising pressure on policymakers to roll out more measures. Reports showing China's GDP grew 6 percent year-on-year in the third quarter after rising 6.2 percent in the second quarter, the National Bureau of Statistics said. This was the slowest growth since early 1990s. Growth was forecast to slow marginally to 6.1 percent. Though, Japanese shares closed at a 10-month high as investor sentiment was bolstered by US shares trading higher overnight on the back of solid corporate earnings. Sentiment was also boosted after the government said the trade deal reached between the US and Japan will boost domestic growth by about 0.8 percent.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,938.14 | -39.19 | -1.32 |
Hang Seng | 26,719.58 | -128.91 | -0.48 |
Jakarta Composite | 6,191.95 | 10.94 | 0.18 |
KLSE Composite | 1,571.15 | -3.35 | -0.21 |
Nikkei 225 | 22,492.68 | 40.82 | 0.18 |
Straits Times | 3,114.16 | -11.98 | -0.38 |
KOSPI Composite | 2,060.69 | -17.25 | -0.83 |
Taiwan Weighted | 11,180.22 | -6.66 | -0.06 |
