News

Asian markets end mostly higher on Tuesday

Markets in China, South Korea and Taiwan remained closed due to local holidays

Asian markets ended mostly higher on Tuesday, despite weakness in the global markets following anxiety surrounding the imminent stimulus tapering and monetary tightening. Concerns over the growth of the world’s second largest economy following liquidity crisis of Chinese property developer Evergrande too adding pressure on market sentiments. Interest payments on the Evergrande’s bonds are due later in the week and S&P Global warned that the company was in the brink of default. Japanese shares declined as trading resumed after holidays. Markets in China, South Korea and Taiwan remained closed due to local holidays.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

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Hang Seng

24,221.54
122.40
0.51

Jakarta Composite

6,060.76
-15.56
-0.26

KLSE Composite

1,530.44
2.550.17

Nikkei 225

29,839.71
-660.34
-2.17

Straits Times

3,063.20
21.47
0.71

KOSPI Composite

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Taiwan Weighted

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