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Sunday, 1 November 2015

CAPITAL STROKE UPDATE: ASIAN MARKETS 2-Nov-2015

Capital Stroke : Asian Markets Asian stocks held on to losses early Monday, even as a private survey of China’s mammoth manufacturing sector indicated factory activity fell for an eighth straight month in October, but at a slower pace. Share markets in China opened down on Monday, with the key Shanghai Composite index easing 0.7 percent. Blue-chips mostly fell, with Industrial and Commercial Bank of China (ICBC) slipping 0.2 percent and heavyweight PetroChina down 1 percent. Among other indexes, both the blue-chip CSI300 and the Shenzhen Composite fell 0.7 and 0.5 percent respectively, while Hong Kong’s Hang Seng index headed down 1 percent. Japan’s Nikkei 225 index pulled back from Friday’s two-month high, falling below the 19,000 mark in early trade. South Korea’s Kospi index outperformed regional peers early Monday, thanks to modest gains in the bourse’s top two weighted stocks. Samsung Electronics and Hyundai Motor elevated 0.7 and 0.3 percent respectively, while chipmaker SK Hynix climbed 1.5 percent. For more details visit: http://www.capitalstroke.com/ or contact on 09770570009

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