Asian markets settled mostly down on Thursday, tracking fall in Wall Street overnight ahead of the release of key US inflation data later in the day that is expected to set the tone for monetary policy in the coming months. Market sentiments weakened further amid uncertainty stemming from US midterm elections. Meanwhile, ongoing volatility in the cryptocurrency markets also dented investors' risk appetite. Chinese shares slipped amid growing concerns over economic slowdown as a surge in covid-19 cases spurred lockdowns in the southern Chinese manufacturing hub of Guangzhou.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,036.13 | -12.04 | -0.39 |
Hang Seng | 16,081.04 | -277.48 | -1.70 |
Jakarta Composite | 6,966.84 | -103.24 | -1.46 |
KLSE Composite | 1,449.74 | 3.55 | 0.25 |
Nikkei 225 | 27,446.10 | -270.33 | -0.98 |
Straits Times | 3,173.18 | 7.68 | 0.24 |
KOSPI Composite | 2,402.23 | -22.18 | -0.91 |
Taiwan Weighted | 13,503.76 | -135.05 | -0.99 |