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MoneyWorks4Me

Asian markets end mostly in green on Tuesday

22 Dec 2015 Evaluate

Asian equity markets ended mostly in green on Tuesday, with positive cues from Wall Street and the prospects of more stimulus in China underpinning investor sentiment. China’s government said that monetary policy must be more ‘flexible’ and fiscal spending more ‘forceful’ to combat slowing growth in the world’s second-largest economy. Hong Kong stocks closed tad higher as trading activities started to wind down for the Christmas holiday break. However, Japanese stocks ended lower after directionless moves amid a dearth of fresh incentives, with many investors sitting on the fence prior to holidays in Japan and abroad. 

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite3,651.77 9.300.26
Hang Seng21,830.0238.340.18
Jakarta Composite4,517.5726.890.60
KLSE Composite1,643.2614.170.87
Nikkei 22518,886.70-29.32-0.16
Straits Times2,852.97 7.420.26
KOSPI Composite1,992.5611.370.57
Taiwan Weighted8,292.74 10.570.13