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Asian equity markets end mixed on Tuesday

26 Apr 2016 Evaluate

Asian equity markets ended mixed on Tuesday as weak overnight cues from Wall Street and Europe as well as the oil price volatility kept investors in a defensive mode ahead of central bank meetings in the US and Japan. The two-day FOMC meeting gets underway later today, with traders waiting for clues as to the probability of a June rate hike. Chinese shares reversed early losses to end slightly higher, as a rally in healthcare and real estate shares offset initial gloom triggered by falling commodity prices in the wake of a government crackdown on speculation. Japanese shares fell for a second straight day as the yen held Monday's gains against the dollar despite speculation the Bank of Japan will expand stimulus at its April 27-28 policy meeting.

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,964.70 18.030.61
Hang Seng21,407.27 102.830.48
Jakarta Composite4,814.09 -64.77-1.33
KLSE Composite1,692.50 -22.01-1.28
Nikkei 22517,353.28 -86.02-0.49
Straits Times2,894.66 -5.62-0.19
KOSPI Composite2,019.63 5.080.25
Taiwan Weighted8,581.57 21.290.25

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