Seng Index: Asian Markets and Kospi Index

seng index: Asian markets bounce back after more Wall Street losses business live Read more However, Asian stocks staged a fightback on Friday, stemming Thursday's bloodletting, according to The Guardian. Shares were up in Hong Kong, with the Hang Seng index climbing 1.18% and South Korea's Kospi index up 1.35%. Yet shares were down in Tokyo 0.12% and Sydney 0.12% . The benchmark Shanghai Composite, which fell by as much as 6% on Thursday, was flat on Friday, while the Shenzhen Composite, an index tracking stocks on China's second exchange, was down 0.32%. In a sign of possible state intervention, the state-run Securities Times sought to soothe jittery investors by calling for more market-friendly policies from the government in Beijing. Global stock markets fell again on Thursday as investors worried about signs of slowing growth, rising trade tensions and higher interest rates. Authorities should roll out positive measures so that investors know the government cares about the stock market, while listed companies and financial institutions should also contribute to improving market confidence it said. Chinese exports in dollar terms rose 14.5% in September, compared with a year earlier. China reported higher than expected export growth on Friday, adding to a trade surplus with the US, which could worsen an ongoing trade war between the two countries. (news.financializer.com). As reported in the news.