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Asian markets end mostly in red on Tuesday

30 Aug 2016 Evaluate

The Asian markets ended mostly in red on Tuesday, with some indices paring the early gains after they rose in morning on a firm lead from Wall Street and higher commodity prices. Japanese market coming off a strong surge of last session, ended modestly in red, as the yen's retreat halted owing to better-than-expected economic data and increased doubts over U.S. rate hike this year. Meanwhile, the Japanese household spending fell less than expected in July, while retail sales fell by the smallest margin in five months. The Chinese market however managed a positive close supported by rebound in banks, while Hong Kong market surged close to a percent.

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

3,074.68

4.65

0.15

Hang Seng

23,016.11

194.77

0.85

Jakarta Composite

5,362.32

-8.45

-0.16

KLSE Composite

1,678.06

-3.54

-0.21

Nikkei 225

16,725.36

-12.13

-0.07

Straits Times

2,828.39

-1.04

-0.04

KOSPI Composite

2,039.74

7.39

0.36

Taiwan Weighted

9,110.56

0.39

0.00