Wednesday 23 October 2013

Asian Markets Update

Asian equity markets pared losses Thursday following upbeat manufacturing data from China but concerns over tight liquidity in the mainland continued to weigh on sentiment. China’s Shanghai Composite slipped 0.50 percent or 10.84 points at 2,172.27. Hong Kong’s Hang Seng shed 0.49 percent or 112.51 points at 22,887.44.  Japan’s Nikkei plunged 0.94 percent or 135.21 points at 14,290.84.  Singapore’s Straits Times was flat at 3,205.38. South Korea’s Seoul Composite was down 0.20 percent or 4.05 points at 2,031.70.  Taiwan’s Taiwan Weighted fell 0.54 percent or 45.72 points at 8,347.90.

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