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Asian markets end lower on weak economic data from US, China

02 May 2013 Evaluate

Most of the Asian Pacific markets ended the session in red terrain on Thursday as sentiments remained frail after weak set of economic data from US and China, the two biggest economies of the world. Data showed that US companies added fewer workers than forecast in April and the Institute for Supply Management’s factory index fell to 50.7 in April from 51.3 in March. Further, growth in China's manufacturing sector unexpectedly slowed in April, raising fresh doubts about the economy. The Chinese purchasing managers’ index fell to 50.6 in April from an 11-month high in March of 50.9. 

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,174.12

-3.79

-0.17

Hang Seng

22,668.30

-68.71

-0.30

Jakarta Composite

4,994.05

-66.87

-1.32

KLSE Composite

 1,713.46

-4.19

-0.24

Nikkei 225

13,694.04

-105.31

-0.76

Straits Times

3,402.39

34.21

1.02

KOSPI Composite

1,957.21

-6.74

-0.34

Taiwan Weighted

8,128.58

34.85

0.43

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