After the Presidential Debate, Indices Were Mixed in Asian Stock Markets
After the Presidential debate in the USA, the indices in the
Asian stock markets were mixed. Asian stocks had difficulty finding direction on the last trading day of the week, following the live broadcast debate in which
Donald Trump and Joe Biden shared their trump cards for the last time.
The last live broadcast discussion of the Presidential elections to be held in the USA on November 3 was held last night. Asian stocks rose slightly in Friday's trading after investors followed the presidential debate between Donald Trump and Joe Biden and developments regarding the stimulus package.
Hong Kong stocks gained value in low volume trading.
In Japan, the consumer price index fell slightly in September, where analysts have more pessimistic expectations for the coming months. The consumer price index adjusted for fresh food prices decreased by 0.3 percent compared to the same period of 2019. Manufacturing sector purchasing managers index (PMI) recovered slightly in the country. The index stood at 48, recording its slightest contraction since January. Service sector PMI was recorded as 46.6.
In the USA, just days before the 3 November Presidential elections, candidates President Donald Trump and former Vice President Joe Biden met on a live broadcast moderated by NBC host Kristen Welker.
Candidates discussed under 6 topics: family, fight against coronavirus, racism, climate change, national security and leadership; live on Belmont University in Nashville, Tennessee.
Index Summaries
- Japan's Topix Index remained flat.
- Hong Kong's Hang Seng Index has remained flat.
- The Shanghai Composite Index gained 0.2 percent.
- The South Korean Kospi Index rose 0.3 percent.
- Australia's S & P / ASX 200 Index fell 0.3 percent.