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 |