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Asian markets end mostly lower on Tuesday

23 Feb 2016 Evaluate

Asian markets ended mostly lower on Tuesday as the oil price rally that had boosted global equity markets reversed, while the euro and sterling were hit by uncertainty over Britain's membership of the European Union. Chinese stocks fell on profit taking after rallying more than 2 percent the previous day. Focus returned to the yuan after China's central bank weakened the currency by the largest margin in six weeks amid heightened ‘Brexit’ concerns. Japanese shares ended lower as the dollar gave up its earlier gains versus the yen. Hong Kong stocks tracked mainland China shares lower, with falls in property and utility sectors offsetting gains in energy and resources plays.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,903.33 -23.84-0.81
Hang Seng19,414.78 -49.31-0.25
Jakarta Composite4,654.05 -54.57-1.16
KLSE Composite1,677.28 2.690.16
Nikkei 22516,052.05 -59.00-0.37
Straits Times2,672.07 11.420.43
KOSPI Composite1,914.22 -2.14 -0.11
Taiwan Weighted8,334.64 7.960.10