Most Asian markets ended with red mark tracking losses on Wall Street after the IMF cut its global growth forecast, anticipating the slowest rate in three years. Japanese Nikkei ended with sharp losses by the strengthening yen, with selling fuelled by report that the country's leading carmakers sales in China declined in September because of diplomatic squabble between Tokyo and Beijing. However, markets in mainland China went home with green mark after posting big gains on expectation that Chinese authorities will take important steps to help reverse the decline in growth in the world's second-largest economy. Taiwan Weighted remained closed for trading on account of National Day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2119.94 | 4.71 | 0.22 |
Hang Seng | 20,919.60 | -17.68 | -0.08 |
Jakarta Composite | 4,280.01 | -0.24 | -0.01 |
KLSE Composite | 1,659.40 | -3.92 | -0.24 |
Nikkei 225 | 8,596.23 | -173.36 | -1.98 |
Straits Times | 3,033.81 | -32.10 | -1.05 |
KOSPI Composite | 1948.22 | -30.82 | -1.56 |
Taiwan Weighted | - | - | - |