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Asian markets end mostly in red on Tuesday

05 Jan 2016 Evaluate

Asian equity markets ended mostly in red on Tuesday as shares in Shanghai extended Monday's plunge and a diplomatic row between Saudi Arabia and Iran deepened with a number of Saudi Arabia's allies curbing their diplomatic links with Iran in protest at the execution of Sheikh Nimr al-Nimr. However, the People's Bank of China (PBOC) injected 100 billion yuan ($15.3 billion) into domestic markets and the yuan firmed against the dollar on suspected intervention by the central bank, helping limit overall losses to some extent. China's Shanghai Composite index ended a rollercoaster session lower despite state-controlled funds stepping in to help prop up the market and the securities regulator signaling a ban on share sales will remain beyond this week's expiration date.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite3,287.71 -8.55-0.26
Hang Seng21,188.72-138.40-0.65
Jakarta Composite4,557.82 31.900.70
KLSE Composite1,665.7012.330.75
Nikkei 22518,374.00-76.98-0.42
Straits Times2,834.23 -1.74-0.06
KOSPI Composite1,930.5311.770.61
Taiwan Weighted8,075.11 -39.15-0.48