Most of the Asian equity indices edged higher on Tuesday, winning back some of Monday's losses as fears aroused in the wake of North Korean leader Kim Jong-il death subsided, although European woes continued to cast a pall. With attention turning to the leadership succession in Pyongyang, markets were relieved that there seemed to be no internal turmoil in the nuclear-armed state, providing dealers an opportunity for bargain hunting. Meanwhile, China’s main stock index closed marginally lower by 0.1 percent, trading narrowly on Tuesday as investors remained cautious while, Japan’s Nikkei average gained about half a percent as short-term players bought back shares that had been sold.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,215.93 | -2.30 | -0.10 |
Hang Seng | 18,080.20 | 9.99 | 0.06 |
Jakarta Composite | 3,752.34 | -17.95 | -0.48 |
Nikkei 225 | 8,336.48 | 40.36 | 0.49 |
Straits Times | 2,614.45 | -3.64 | -0.14 |
Seoul Composite | 1,793.06 | 16.13 | 0.91 |
Taiwan Weighted | 6,662.64 | 29.31 | 0.44 |