Most Asian stock markets ended on a negative note today. South Korea’s Kospi as well as Taiwan’s Taiex shed 3.6 per cent, China’s Shanghai Composite fell 0.8 per cent, and Singapore’s Strait Times index lost over 0.6 per cent. In contrast, Hong Kong’s Hang Seng added 0.6 per cent. Meanwhile, markets in Japan were closed for a holiday. On the economic front, South Korea’s consumer price index (CPI) eased to 2.8 per cent year-on-year in October, compared with a 2.9 per cent increase in September, according to the government data. On a month-on-month basis, the CPI increased 0.2 per cent in October, slowing from a 0.3 per cent rise in the previous month.
In European markets, Germany’s DAX as well as London’s FTSE 100 fell over 0.6 per cent, when reports last came in.
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