The Asian markets concluded Friday’s trade mostly in green with Japanese shares led higher as the dollar edged towards a multi-year high against the yen. The weakness in the yen helped Japanese stocks rise, with the Nikkei Average putting the index up 1.2% since last Friday - the best-performing regional market for the week. Indonesia’s central bank stated that it could buy Japanese government bonds (JGB) and bond repurchase agreements held by Japanese banks in the country to help bolster liquidity in the rupiah in case of a financial crisis. The unemployment rate in Singapore remained unchanged in the last quarter. Singapore Ministry of Manpower stated that Singaporean unemployment rate remained unchanged at 1.8%, from 1.8% in the preceding quarter.
In Hong Kong, the manufacturing industries industrial production index fell 0.9% in the third quarter year-on-year while the corresponding producer price index fell 5.2%, the Census & Statistics Department reported. Besides, main contractors’ construction works’ total gross value rose 5.1% in nominal terms in the third quarter over a year earlier to $40.9 billion. After discounting the price changes effect, the total gross value rose 0.3% in real terms over the same period.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2196.07 | -6.72 | -0.31 |
Hang Seng | 23245.96 | 27.84 | 0.12 |
Jakarta Composite | 4174.83 | -37.39 | -0.89 |
KLSE Composite | 1840.35 | 6.48 | 0.35 |
Nikkei 225 | 15403.11 | 61.29 | 0.40 |
Straits Times | 3066.02 | 6.98 | 0.23 |
KOSPI Composite | 1962.91 | -5.02 | -0.26 |
Taiwan Weighted | 8376.94 | 15.61 | 0.19 |
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