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Asian markets end mixed on improved Chinese Manufacturing Data

01 Nov 2012 Evaluate

Asian markets ended mixed on the first day of November as losses were restricted with China's official and private sector manufacturing PMIs, which witnessed a recovery in the growth trend. However, Japan's Nikkei reversed early gains closed marginally higher following worse than expected earnings report from electronics major Panasonic Corp. Hang Seng Index went home with green mark with a mild recovery in Hong Kong property developers, which were on sellers radar following government’s measures to cool down the housing market. Meanwhile, Seoul markets ended lower after data showed that South Korea’s manufacturing activity contracted at a slower rate in October compared to that in the previous month.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,104.43

35.55

1.72

Hang Seng

21,821.87

180.05

0.83

Jakarta Composite

4,335.36

-14.93

-0.34

KLSE Composite

1,675.69

2.62

0.16

Nikkei 225

8,946.87

18.58

0.21

Straits Times

3,026.61

-11.76

-0.39

KOSPI Composite

1,898.44

-13.62

-0.71

Taiwan Weighted

7,179.64

13.59

0.19