MoneyWorks4Me

Asian markets settle mostly down on Tuesday

05 Dec 2023 Evaluate
Asian markets settled mostly down on Tuesday tracking Wall Street’s overnight fall on caution ahead of a slew of economic data this week for directional cues. Japanese shares declined as a strong yen dented export heavy stocks. Meanwhile, Japan’s Purchasing managers index data showed that service sector grew less than expected in November. Chinese shares fell on growing concerns over a new epidemic in China following a surge in respiratory illnesses across major cities. Although, a private purchasing managers index survey showed bigger-than-expected growth in China’s services sector.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

2,972.30

-50.61

-1.70

Hang Seng

16,327.86

-318.19

-1.95

Jakarta Composite

7,100.86

7.26

0.10

KLSE Composite

1,449.46

-1.56

-0.11

Nikkei 225

32,775.82

-455.45

-1.39

Straits Times

3,077.16

-6.92

-0.22

KOSPI Composite

2,494.28

-20.67

-0.83

Taiwan Weighted

17,328.01

-93.47

-0.54



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