Asian markets finished mostly higher on Tuesday, with investors buoyed by upbeat manufacturing activity data from the United States, Europe and China, while the US dollar held ground on political uncertainty ahead of the US presidential elections. Chinese shares ended higher due to optimism that the economy is recovering from the initial corona virus pandemic outbreaks, along with release of its upbeat manufacturing activity. The Caixin China General Manufacturing Purchasing Managers’ Index for October rose to 53.6 in October from 53 a month earlier, the sixth straight month it has stayed above the 50 mark that separates growth from contraction. The Japanese market was closed in observance of Culture Day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,271.07 | 45.95 | 1.42 |
Hang Seng | 24,939.73 | 479.72 | 1.96 |
Jakarta Composite | 5,159.45 | 44.32 | 0.87 |
KLSE Composite | 1,461.45 | -5.01 | -0.34 |
Nikkei 225 | -- | -- | -- |
Straits Times | 2,497.22 | 54.09 | 2.21 |
KOSPI Composite | 2,343.31 | 43.15 | 1.88 |
Taiwan Weighted | 12,736.01 | 144.70 | 1.15 |
