News

Asian markets finish mixed on Tuesday

Meanwhile, Chinese central bank (PBoC) kept its benchmark lending rates unchanged, as widely expected

Asian markets ended mixed on Tuesday tracking Wall Street's overnight losses as investors’ awaited direction from US corporate earnings, while concerns over surging corona-virus cases too dented the market sentiment. Japanese shares declined amid fears that possible reintroduction of Covid-19 lockdowns in the country, which could dampen the pace of economic recovery. Meanwhile, Chinese central bank (PBoC) kept its benchmark lending rates unchanged, as widely expected. The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate also was unchanged at 4.65 percent.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,472.94
-4.61
-0.13

Hang Seng

29,135.73
29.58
0.10

Jakarta Composite

6,038.32
-14.22
-0.23

KLSE Composite

1,607.57

7.28

0.45

Nikkei 225

29,100.38
-584.99
-1.97

Straits Times

3,192.17
-17.55
-0.55

KOSPI Composite

3,220.70
21.86
0.68

Taiwan Weighted

17,323.87
60.59
0.35