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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