The Asian indices ended mostly in green on Tuesday, while China is in the last day of a week-long Lunar New Year holiday, with investors eyeing Greece to pass reforms needed to secure further euro zone loans. Hong Kong Financial Secretary John Tsang will present the 2015-16 Budget to the Legislative Council tomorrow. The key proposals will be available for collection at the Home Affairs Department’s 20 Public Enquiry Service Centres, and at a counter at the footbridge entrance to the Central Government Offices at Tamar opposite Admiralty Centre. Indonesian fixed income markets are signaling that policy rates will be cut at least once more within the next few months - even if economists remain divided over the prospect. Bank Indonesia surprised last week when it cut policy rates, saying the drop in oil prices had helped ease concerns about inflation. Japan’s Corporate Services Price Index (CSPI) fell to a seasonally adjusted annual rate of 3.4%, from 3.5% in the preceding month whose figure was revised down from 3.6%.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 24,750.07 | -86.69 | -0.35 |
Jakarta Composite | 5,417.31 | 14.04 | 0.26 |
KLSE Composite | 1,818.68 | 9.29 | 0.51 |
Nikkei 225 | 18,603.48 | 136.56 | 0.74 |
Straits Times | 3,433.35 | 12.05 | 0.35 |
KOSPI Composite | 1,976.12 | 7.73 | 0.39 |
Taiwan Weighted | 9,629.37 | 99.86 | 1.05 |