Asian markets end mostly down on Friday

15 Nov 2024 Evaluate
Asian markets ended mostly down on Friday ahead of the release of US retail sales data due later in the day. Market sentiments weakened further by Wall Streets’ overnight fall after data showed producer price inflation rose in October and Fed Chair Jerome Powell said the central bank does not need to rush to lower interest rates and can approach decisions carefully. Chinese shares fell after mixed economic data highlighted China's uneven economic recovery. China's retail sales rose more than expected in October, while industrial production missed forecasts. However, Japanese shares gained by weakening yen after weak GDP data dampened expectations for more rate hikes by the Bank of Japan.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,330.73

-49.11

-1.47

Hang Seng

19,426.34

-9.47

-0.05

Jakarta Composite

7,161.26

-53.30

-0.74

KLSE Composite

1,592.44

-8.24

-0.51

Nikkei 225

38,642.91

107.21

0.28

Straits Times

3,744.70

6.54

0.17

KOSPI Composite

2,416.86

-2.00

-0.08

Taiwan Weighted

22,742.77

27.39

0.12

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