Asian markets ended mostly higher on Wednesday tracking Wall Street gains overnight ahead of key October CPI data in United States, while investors are now also awaiting the results of the US midterm elections. However, Hong Kong shares dropped on concerns that a Republican win in US mid-term elections might lead to increased scrutiny on Chinese technology firms. Chinese shares declined on concerned about a surge in new infections in some Chinese cities, despite data showed that its consumer inflation slowed more than expected in October and the annualized producer price index fell for the first time in October since December 2020.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,048.17 | -16.32 | -0.53 |
Hang Seng | 16,358.52 | -198.79 | -1.20 |
Jakarta Composite | 7,070.08 | 19.95 | 0.28 |
KLSE Composite | 1,446.19 | 4.84 | 0.34 |
Nikkei 225 | 27,716.43 | -155.68 | -0.56 |
Straits Times | 3,165.50 | 19.67 | 0.63 |
KOSPI Composite | 2,424.41 | 25.37 | 1.06 |
Taiwan Weighted | 13,638.81 | 291.05 | 2.18 |
