Asian shares went home with a deep red mark on Friday dragged down by China shares after regional media reported domestic fund managers were not optimistic on the fourth quarter. Meanwhile, South Korea’s Kospi Index closed in negative territory after Bank of Korea data showed the nation’s gross domestic product expanded 1.6% in the three months through September from a year earlier, the slowest pace in three years. Japan’s Nikkei also ended lower despite the dollar sitting close to four-month highs against the yen, which has been pushed down by expectations for fresh monetary easing by the Bank of Japan and upbeat US data.
Indonesian Jakarta Composite, Malaysia’s KLSE Composite and Singapore’s Straits Times remained closed on account of public holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,066.21 | -35.37 | -1.68 |
Hang Seng | 21,545.57 | -264.66 | -1.21 |
Jakarta Composite | - | - | - |
KLSE Composite | - | - | - |
Nikkei 225 | 8,933.06 | -122.14 | -1.35 |
Straits Times | - | - | - |
KOSPI Composite | 1,891.43 | -33.07 | -1.72 |
Taiwan Weighted | 7,134.06 | -128.02 | -1.76 |