Most of the Asian markets barring Shanghai Composite concluded Monday’s trade in red as a possible government shutdown in the US loomed large in Asia. Indonesia’s rupiah is leading declines in emerging markets this quarter as the currency headed for its worst three-month performance since 2008 due to a record current-account deficit. The manufacturing activity at China's private and export-oriented companies expanded a bit faster in September from that in August, indicating modest improvement of the world's second largest economy. The HSBC Purchasing Managers' Index, a comprehensive gauge of operating conditions at private and export-oriented industrial companies, settled at 50.2 in September, compared with 50.1 a month earlier.
Housing starts in Japan fell unexpectedly in the last quarter. The Ministry of Land, Infrastructure and Transport stated that Japanese Housing Starts fell to a seasonally adjusted 8.8%, from 12.0% in the preceding quarter. Industrial production in Japan fell more-than-expected last month. The Ministry of Economy, Trade and Industry reported that industrial production fell to a seasonally adjusted -0.7%, from 3.4% in the preceding month. Japanese retail sales rose more-than-expected to a seasonally adjusted annual rate of 1.1%, from -0.3% in the preceding month.
The Korea National Statistical Office stated that South Korean Retail Sales rose to a seasonally adjusted annual rate of 0.4%, from 1.2% in the preceding month whose figure was revised up from 1.1%. Industrial production in South Korea rose more-than-expected last month. The Korea National Statistical Office reported that South Korean Industrial Production rose to a seasonally adjusted annual rate of 3.3%, from 0.9% in the preceding month. Thailand’s trade balance rose more-than-expected to a seasonally adjusted 2.21B, from 0.30B in the preceding month, as per National Statistical Office Thailand.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2174.66 | 14.64 | 0.68 |
Hang Seng | 22859.86 | -347.18 | -1.50 |
Jakarta Composite | 4316.18 | -107.54 | -2.43 |
KLSE Composite | 1768.62 | -7.54 | -0.42 |
Nikkei 225 | 14455.80 | -304.27 | -2.06 |
Straits Times | 3167.87 | -42.31 | -1.32 |
KOSPI Composite | 1996.96 | -14.84 | -0.74 |
Taiwan Weighted | 8173.87 | -56.81 | -0.69 |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: