• Asian Stocks close: most stocks closed lower, following losses on Wall Street

Market news

23 October 2014

Asian Stocks close: most stocks closed lower, following losses on Wall Street

Asian stock indices closed lower, following losses on Wall Street. Concerns over the slowdown of the global growth still weighed on markets.

The better-than-expected Chinese economic data has not impressed investors. China's HSBC manufacturing purchasing managers' index rose to 50.4 in October from 50.2 in September. Analysts had expected the index to remain unchanged at 50.2.

Japan's preliminary manufacturing purchasing managers' index increased to 52.8 in October from 51.7 in September, exceeding expectations for a rise to 52.1.

Indexes on the close:

Nikkei 225 15,138.96 -56.81 -0.37%

Hang Seng 23,333.18 -70.79 -0.30%

Shanghai Composite 2,302.42 -24.14 -1.04%

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