Asian markets ended mostly higher on Wednesday, despite US President Donald Trump ending negotiations with Democrats over another Covid-19 stimulus package until the November 3 presidential election. Meanwhile, investors are waiting minutes from the US Federal Reserve’s September meeting for guidance as to how the central bank plans to push inflation higher and how long it might let it run above 2 percent before tightening its ultra-loose monetary policy. Though, Hong Kong’s private sector economy contracted at a slower pace in September than in August, the latest survey from IHS Markit showed on Wednesday with a PMI score of 47.7. Meanwhile, Chinese markets are closed for holidays until October 9.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 24,242.86 | 262.21 | 1.09 |
Jakarta Composite | 5,004.33 | 5.11 | 0.10 |
KLSE Composite | 1,489.56 | -19.91 | -1.32 |
Nikkei 225 | 23,422.82 | -10.91 | -0.05 |
Straits Times | 2,538.36 | 9.10 | 0.36 |
KOSPI Composite | 2,386.94 | 21.04 | 0.89 |
Taiwan Weighted | 12,746.37 | 42.14 | 0.33 |
