Asian markets settle mostly higher on Tuesday

Hong Kong market was closed for the special administrative region establishment day

Asian markets settled mostly higher on Tuesday, tracking Wall Street’s gains overnight buoyed by signs of progress in trade talks between the US and Canada as well as other trading partners, while the possibility of interest rate cuts by the US central bank also supported market sentiments. However, Japanese shares declined as the yen strengthened with lingering concerns over the impact from US President Donald Trump’s tariff agenda, with just over a week left until his deadline for imposing higher levies. Hong Kong market was closed for the special administrative region establishment day.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,457.75

13.32

0.39

Hang Seng

--

--

--

Jakarta Composite

6,915.36

-12.32

-0.18

KLSE Composite

1,541.53

8.57

0.56

Nikkei 225

39,986.33

-501.06

-1.25

Straits Times

3,989.76

25.47

0.64

KOSPI Composite

3,089.65

17.95

0.58

Taiwan Weighted

22,553.72

297.70

1.32