Asian markets settled mostly lower on Wednesday on worries about inflation and surging US Treasury yields with investors await US payrolls data later in the week, while oil prices held near new multi-year highs. Concerns over the debt crises of Chinese property developers and the lack of progress in talks between US lawmakers on raising the debt limit also weighing on market sentiments. Chinese markets remained closed for Golden Week holidays. Japanese shares declined sharply as modest approval ratings for the Japan's new prime minister Fumio Kishida disappointed investors. Hong Kong shares ended down after a survey showed the country's private sector expanded at a slower pace in September with a PMI score of 51.7.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 23,966.49 | -137.66 | -0.57 |
Jakarta Composite | 6,417.32 | 129.27 | 2.06 |
KLSE Composite | 1,559.42 | 29.00 | 1.89 |
Nikkei 225 | 27,528.87 | -293.25 | -1.05 |
Straits Times | 3,083.88 | 15.76 | 0.51 |
KOSPI Composite | 2,908.31 | -53.86 | -1.82 |
Taiwan Weighted | 16,393.16 | -67.59 | -0.41 |
