Asian markets closed in red on Tuesday on fresh data showing Chinese manufacturing activity expanded at a slower rate in April. Japan’s Nikkei ended lower on the back of profit-taking and a pick-up in the yen against dollar. Shanghai Composite closed lower, recording worst daily loss in nearly a month after a preliminary version of HSBC’s manufacturing Purchasing Managers’ Index slipped to a two-month low of 50.5 in April, compared with a final reading of 51.6 in March. Hong Kong market went home with red mark as commodity producers suffered selling.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,184.54 | -57.63 | -2.57 |
Hang Seng | 21,806.61 | -237.76 | -1.08 |
Jakarta Composite | 4,975.33 | -21.59 | -0.43 |
KLSE Composite | 1,700.39 | -6.29 | -0.37 |
Nikkei 225 | 13,529.65 | -38.72 | -0.29 |
Straits Times | 3,284.35 | -24.57 | -0.74 |
KOSPI Composite | 1,918.63 | -7.68 | -0.40 |
Taiwan Weighted | 7,942.77 | -27.61 | -0.35 |