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Asia markets fell Friday, after the NASDAQ Composite and the S&P 500 suffered their worst day in nearly two months, while investors awaited Federal Reserve rate verdict and U.S. elections next week.
In Japan, the Nikkei 225 index retreated 1,027.58 points, or 2.6%, to 38,053.67, extending losses from Thursday when the Bank of Japan maintained its benchmark policy rate at 0.25%.
In Hong Kong, the Hang Seng Index went against the grain and gained 189.1 points, or 0.9%, to 20,506.43.
Taiwanese markets gave way as Typhoon Kong-rey, the largest storm to hit the island in nearly 30 years, wreaked havoc.
Australia’s third-quarter producer prices index climbed 3.9% year on year, sharply lower than 4.8% reading in the previous quarter, according to data from Australian Bureau of Statistics on Friday. Quarter on quarter, the index rose 0.9% compared with a 1% rise in previous quarter.
CHINA
In Shanghai, the CSI 300 inched higher 1.59 points to 3,891.04.
Caixin China manufacturing purchasing managers’ index for October came in at 50.3, beating median estimate of 49.7 in a Reuters poll of economists, and rebounding from September’s 49.3. A reading below 50 shows contraction in manufacturing, while one above that indicates expansion.
In other markets
In Taiwan, markets returned to trading, with the Taiex losing 40.35 points, or 0.2%, to 22,780.08.
In Korea, the Kospi index dipped 13.79 points, or 0.5%, to 2,542.36.
In Singapore, the Straits Times Index handed over 3.45 points, or 0.1%, at 3,555.43.
In New Zealand, the NZX 50 dropped 79.62 points, or 0.6%, to 12,559.28
In Australia, the ASX 200 slipped 41.2 points, or 0.5%, to 8,118.83.
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