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MoneyWorks4Me

Asian markets end mostly lower on Tuesday

24 May 2016 Evaluate

Asian equity markets ended mostly lower on Tuesday as prices of oil and other commodities fell, while investors continued to struggle with uncertainty over the timing of the next US interest-rate increase. Japanese stocks fell for a second day, led by electric-appliance makers and car builders, as the yen held gains against the dollar, damping the outlook for export earnings. China’s stocks fell for the first time in three days, led by commodity producers, amid speculation raw-material prices will extend declines as a faltering economic rebound curbs demand.  

Asian IndicesLast Trade             Change in Points

Change in %  

Shanghai Composite2,821.67 -21.98-0.77
Hang Seng19,830.43 21.40 0.11
Jakarta Composite4,710.79 -32.88-0.69
KLSE Composite1,625.84 - 9.05-0.55
Nikkei 22516,498.76 -155.84-0.94
Straits Times2,750.23-16.70-0.60
KOSPI Composite1,937.68-17.57-0.90
Taiwan Weighted8,300.66-43.78 -0.52