Asian markets show growth in China, Hong Kong, South Korea, and Singapore; Japan's Nikkei 225 declines while Taiwan remains closed for a holiday. Europe's DAX and FTSE 100 exhibit downward trends.
In Asian markets today, China’s Shanghai Composite rose 0.9 per cent, Hong Kong’s Hang Seng gained 0.7 per cent, South Korea’s Kospi advanced 0.3 per cent, and Singapore’s Strait Times added 0.1 per cent. Contrastingly, Japan’s Nikkei 225 experienced a loss of 0.3 per cent, while markets in Taiwan remained closed for a holiday. These movements demonstrate a mixed response across the region.
On the economic front, Japan’s consumer price index (CPI) rose 2.1 per cent year on year in September, up from 1.9 per cent in August. This marked the first time in nine months that inflation had surpassed the Bank of Japan’s two per cent target.
In European markets, Germany’s DAX dropped 0.9 per cent, while London’s FTSE 100 lost 0.6 per cent when reports last came in.
Source:
Akashvani News
