Asian markets settled mostly lower on Wednesday as concerns about surging corona virus pandemic cases in the US and Europe kept investors cautious. Market sentiments weakened further by tracking overnight losses in Wall Street after US President Donald Trump acknowledged the much-needed COVID-19 stimulus would likely come after the November 3 presidential election. However, Chinese shares ended higher due to expectations of a speedy economic recovery from the Covid-19 pandemic. Seoul shares ended higher after its consumer confidence index jumped to 91.6 from 79.4 in September, the most since the global financial crisis in another upbeat sign for the economy as it rebounds from a pandemic-driven recession.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,269.24 | 14.92 | 0.46 |
Hang Seng | 24,708.80 | -78.39 | -0.32 |
Jakarta Composite | 5,128.23 | -15.82 | -0.31 |
KLSE Composite | 1,495.20 | -5.15 | -0.34 |
Nikkei 225 | 23,418.51 | -67.29 | -0.29 |
Straits Times | 2,483.48 | -29.39 | -1.17 |
KOSPI Composite | 2,345.26 | 14.42 | 0.62 |
Taiwan Weighted | 12,793.75 | -81.26 | -0.63 |
