The Asian markets concluded Tuesday’s trade mostly in green, despite lingering concerns about a slowdown in China and on worries about the situation in Ukraine. Hong Kong and South Korea markets remained shut for the trade today on account of Buddha’s Birthday Holiday, while the Japanese market is closed for Greenery Day. New home sales in Shanghai fell to the lowest in 11 weeks as sluggish momentum continued to prevail among home buyers and real estate developers. The purchases of new residential properties, excluding government-subsidized affordable housing, dropped 35.9% week on week to 125,900 square meters. The average cost of the new houses, meanwhile, rose 6% from the previous week to 27,933 yuan ($4,505) per square meter. Taiwanese CPI fell to a seasonally adjusted annual rate of 0.16%, from 0.30% in the preceding quarter. Philippines CPI rose to a seasonally adjusted annual rate of 0.4%, from -0.1% in the preceding quarter.
Asian Indices | Last Trade | Change in Points | Change in % | Shanghai Composite | 2028.04 | 0.69 | 0.03 | Hang Seng | - | - | - | Jakarta Composite | 4834.47 | -8.04 | -0.17 | KLSE Composite | 1860.43 | -0.11 | -0.01 | Nikkei 225 | - | - | - | Straits Times | 3245.56 | 3.96 | 0.12 | KOSPI Composite | - | - | - | Taiwan Weighted | 8912.39 | 41.96 | 0.47 |
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