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Asian markets end lower on Thursday

Asian markets end lower on Thursday

Asian markets ended lower on Thursday after upbeat US economic data drove 10-year US Treasury yields to their highest level since 2011, raising concerns the Federal Reserve may raise interest rates aggressively. A report from ADP and Moody’s Analytics showed private payrolls in the US increasing by 230,000 in September – the highest in seven months. Japanese shares closed lower after rising earlier in the day on the back of a weak yen and a record close on Wall Street overnight. Meanwhile, the Chinese markets remain closed all week for the National Day holiday.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

Hang Seng

26,623.87

-467.39

-1.76

Jakarta Composite

5,756.62

-111.12

-1.93

KLSE Composite

1,790.11

-6.19

-0.34

Nikkei 225

23,975.62

-135.34

-0.56

Straits Times

3,231.59

-35.81

-1.11

KOSPI Composite

2,274.49

-35.08

-1.54

Taiwan Weighted

10,718.91

-145.03

-1.35

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