The index of Shanghai stock exchange Shanghai Composite index early in the day grew up to 3541,02 points, the index of Shenzhen stock exchange Shenzhen Composite up to 2130,06 points, according to data exchanges.
MOSCOW, 6 Nov. Stock markets in the Asia-Pacific region (APR) show a predominantly positive trend on Friday due to expectations of investors message on the U.S. labor market that will help them understand whether a rise in interest rates to occur in December of this year, according to data exchanges.
As of 07.25 Moscow time the index of Shanghai stock exchange Shanghai Composite grew by 0.52% to 3541,02 points, while the Shenzhen exchange index Shenzhen Composite — 1.75% to 2130,06 item. Hong Kong’s Hang Seng Index fell by 0.82% to 22861,20 item. The Australian S&P/ASX 200 increased by 0.33%, reaching 5210,10 item. Korean KOSPI was down 0.30%, reaching 2043,25 item. The Japanese Nikkei 225 grew by 0.36%, to 19184,72 item.
On Wednesday, US Federal reserve Chairman Janet Yellen stated that interest rate hike in December is likely. She noted that the U.S. economy is now “working well”, domestic revenues are steadily increasing.
Later on Friday the US labor Department will report unemployment figures in the country in October. Analysts believe that it has been preserved at the level of September’s 5.1%. While the number of newly created jobs in non-agricultural sectors of the economy, according to experts, grew by 180 million against 142 thousand in September.
According to an analyst Shenwan Hongyuan Group in Hong Kong William Wong (William Wong), market participants are still cautious before the publication of data on the U.S. labor market.