Asian markets settled mostly higher on Thursday, despite sell-off in technology stocks after shares of Facebook’s parent company Meta dipped more than 20 percent in after-hours trading yesterday after the company reported lower-than-expected earnings in its latest quarterly report. On the data front, investors are awaiting the US Labour Department's January nonfarm payroll report, due out Friday, for direction after the ADP jobs data surprised to the downside. Seoul shares gained as markets reopened from holidays and data showed the South Korea's factory activity grew at the sharpest pace since July last year. However, Japanese shares snapped a four-day rally following weaker Nasdaq futures. Meanwhile, Chinese, Taiwan and Hong Kong markets were closed for the Lunar New Year holiday.
Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | -- | -- | -- |
Hang Seng | -- | -- | -- |
Jakarta Composite | 6,683.85 | -23.80 | -0.35 |
KLSE Composite | 1525.73 | 13.46 | 0.89 |
Nikkei 225 | 27,241.31 | -292.29 | -1.06 |
Straits Times | 3,315.99 | 66.40 | 2.04 |
KOSPI Composite | 2,707.82 | 44.48 | 1.67 |
Taiwan Weighted | -- | -- | -- |
