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KOSPI slumps 3.5% as Asian stocks end mixed; Hang Seng rises 1.5%

ASIAMarket wrap
KOSPI slumps 3.5% as Asian stocks end mixed; Hang Seng rises 1.5%

3 of 6 major Asian indices rose on Friday 30 October. The Hang Seng did best (+1.5%) and the KOSPI did worst (−3.5%).

The KOSPI slumped 3.5% to 5,730.74 on Friday, the biggest move among Asia's main markets, as stocks in the region ended mixed. Hong Kong's Hang Seng climbed 1.5% to 23,294, India's Nifty 50 advanced 0.5% to 23,053 and Australia's ASX 200 inched up 0.2% to 8,908.10. Japan's Nikkei 225 sank 2.1% to 63,290 and China's CSI 300 slid 1.4% to 3,985.50.

Over the past five sessions the KOSPI has gained the most (+3.3%) and the CSI 300 has lost the most (−2.9%). The KOSPI is up 36.0% this year, the largest year-to-date move of the six.

In currencies, the dollar against the yen ended roughly flat at 157.52, the dollar against the offshore yuan was little changed at 6.6515 and the dollar against the rupee slipped 0.4% at 94.86. Our forex calls show the model read for each pair.

The numbers

MarketLastDayWeek
Nikkei 22563,290.11−2.12%+0.95%
Hang Seng23,294.42+1.46%+0.87%
CSI 3003,985.50−1.39%−2.92%
KOSPI5,730.74−3.48%+3.25%
Nifty 5023,053.10+0.51%+2.00%
ASX 2008,908.10+0.18%+1.28%
Prices are end-of-day from our own data. Educational only.

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This brief was generated by StocksXray from our own market data, using fixed templates and automated checks. See how our news is made in the editorial standards.

Educational only, not financial advice. Numbers beside the story are from our own data.