• Asian Stocks close: most stocks closed lower despite gains on the Wall Street and the strong PMI from Eurozone

Market news

24 October 2014

Asian Stocks close: most stocks closed lower despite gains on the Wall Street and the strong PMI from Eurozone

Asian stock indices closed lower despite gains on the Wall Street and the strong PMI from Eurozone.

The better-than-expected corporate earnings reports of the U.S. companies led to gains on the Wall Street.

Eurozone's preliminary manufacturing purchasing managers' index (PMI) rose to 50.7 in October from 50.3 in September, beating expectations for a decline to 50.0.

Eurozone's preliminary services PMI remained unchanged at 52.4 in October, beating forecasts of a decrease to 52.0.

Indexes on the close:

Nikkei 225 15,291.64 +152.68 +1.01%

Hang Seng 23,302.2 -30.98 -0.13%

Shanghai Composite 2,302.28 -0.14 -0.01%

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