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Asian markets end mostly lower on Friday

29 Oct 2021

Asian markets ended mostly lower on Friday tracking slowdown worries in the pace of US economic growth in the third quarter, although Wall Street posted a record gain overnight with encouraging jobless claims reports. Seoul shares declined for a third straight day following the release of weaker-than-projected earnings by major tech firms in the United States. However, Japanese shares rose on optimism around domestic corporate outlook even as investors are in cautious mood ahead of the country's general election on Sunday. Chinese shares gained as property developer Evergrande group has reportedly made an overdue interest payment to offshore bond holders less than two weeks before a grace period expired.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,547.34
28.92
0.82

Hang Seng

25,377.24
-178.49
-0.70

Jakarta Composite

6,591.35
67.27
1.03

KLSE Composite

1,562.31

-4.55

-0.29

Nikkei 225

28,892.69
72.60
0.25

Straits Times

3,198.17
-5.65
-0.18

KOSPI Composite

2,970.68
-38.87
-1.29

Taiwan Weighted

16,987.41
-54.22
-0.32


Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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