Asian markets settled mostly higher on Friday tracking robust gains on Wall Street overnight, despite the latest US inflation data pointed to more hawkish moves by the US Federal Reserve. Chinese shares rose on expectations of more Chinese stimulus and possible relaxation of Covid-19 rules ahead of China's Communist Party Congress which could see President Xi Jinping win a third term. Data showed China's consumer price inflation accelerated at the fastest pace in more than two years in September, while producer price inflation eased further.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,071.99 | 55.63 | 1.84 |
Hang Seng | 16,587.69 | 198.58 | 1.21 |
Jakarta Composite | 6,814.53 | -66.10 | -0.96 |
KLSE Composite | 1,382.47 | 9.11 | 0.66 |
Nikkei 225 | 27,090.76 | 853.34 | 3.25 |
Straits Times | 3,039.61 | -0.84 | -0.03 |
KOSPI Composite | 2,212.55 | 49.68 | 2.30 |
Taiwan Weighted | 13,128.12 | 317.39
| 2.48 |