Asian markets settled mostly down on Friday tracking Wall Street’s fall from record highs overnight, despite the United States's trade truce with China and profits of Big Technology giants exceeding expectations. Chinese and Hong Kong shares fell after an official survey showed a measure of China's manufacturing activity contracted more than expected to hit a six-month low of 49.0 in October, down from 49.8 in September. However, Japan's Nikkei hit a record high on the back of a weaker yen, strong gains in the technology sector fueled by optimism over AI's potential and hopes for aggressive fiscal stimulus under the Prime Minister Sanae Takaichi.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,954.79 | -32.11 | -0.81 |
| Hang Seng | 25,906.65 | -376.04 | -1.43 |
| Jakarta Composite | 8,163.88 | -20.18 | -0.25 |
| KLSE Composite | 1,609.15 | -5.05 | -0.31 |
| Nikkei 225 | 52,411.34 | 1,085.73 | 2.12 |
| Straits Times | 4,428.62 | -8.82 | -0.20 |
| KOSPI Composite | 4,107.50 | 20.61 | 0.50 |
| Taiwan Weighted | 28,233.35 | -54.18 | -0.19 |
