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ASIA STOCKS: China Markets Up, Others Mixed Before the US Election. 

ASIA STOCKS
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  • Following stronger than expected CAIXIN PMI Services data, China led the way with the CSI 300 up almost 2%, whilst Shanghai Comp was up +1.80%, Hang Seng up +1.20% and Shenzhen Comp up +2.6%.
  • In Korea a weaker than expected CPI print potentially makes the next BOK meeting live.  Despite this, stocks retreated with the KOSPI down -0.25%.
  • In Malaysia, the currency had a less volatile day relative to previous days bringing a reprieve to markets.  The FTSE Malay KLCI posted moderate gains at +0.15%.
  • In Indonesia, the GDP print for 3Q was moderately behind expectations.  The markets have endured the volatility of the currency, which has seen more pronounced in recent sessions.  The Jakarta Composite was down today off -0.20%.
  • In India, the NIFTY 50 was opening weaker down -020% with data showing that the period of foreign inflows into the stock market has taken a pause. 
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  • Following stronger than expected CAIXIN PMI Services data, China led the way with the CSI 300 up almost 2%, whilst Shanghai Comp was up +1.80%, Hang Seng up +1.20% and Shenzhen Comp up +2.6%.
  • In Korea a weaker than expected CPI print potentially makes the next BOK meeting live.  Despite this, stocks retreated with the KOSPI down -0.25%.
  • In Malaysia, the currency had a less volatile day relative to previous days bringing a reprieve to markets.  The FTSE Malay KLCI posted moderate gains at +0.15%.
  • In Indonesia, the GDP print for 3Q was moderately behind expectations.  The markets have endured the volatility of the currency, which has seen more pronounced in recent sessions.  The Jakarta Composite was down today off -0.20%.
  • In India, the NIFTY 50 was opening weaker down -020% with data showing that the period of foreign inflows into the stock market has taken a pause.