MoneyWorks4Me

Asian markets end mixed ahead of US Presidential vote

06 Nov 2012 Evaluate

Following the sluggish start of the week, Asian markets ended mixed on Tuesday ahead of the U.S. Presidential election result. Hong Kong closed lower weighed by its largest constituent HSBC Holdings which dropped 1.4% after releasing third quarter results. In China, the Shanghai Composite went home with red mark ahead of key political events. However, South Korea's market closed in green zone, as stocks of car companies that were sold heavily on Monday regained some ground. Meanwhile, Investors were looking for economic data release from China on Friday, which includes retail sales, industrial production and the country’s consumer and producer price indexes.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,106.00

-8.03

-0.38

Hang Seng

21,944.43

-61.97

-0.28

Jakarta Composite

4,314.27

11.33

0.26

KLSE Composite

1,645.63

-8.41

-0.51

Nikkei 225

8,975.15

-32.29

-0.36

Straits Times

3,019.33

-12.36

-0.41

KOSPI Composite

1,928.17

19.95

1.05

Taiwan Weighted

7,236.68

51.32

0.71