Asian markets made a green closing on Tuesday

04 Oct 2016 Evaluate

The Asian markets ended in green on Tuesday after oil futures surged to a multi-week high overnight and as the yen weakened against the dollar on data suggesting the US manufacturing sector grew better than expected in September. Japanese shares ended higher on weaker yen and a measure of Japan consumer confidence topped forecasts. Reports showed Consumer confidence in Japan rose to 43.0 in September of 2016 from 42.0 in August and beating market expectations of 41.8. Further, Hong Kong stocks posted modest gains, led by consumer staples and a rally in developer China Evergrande, but gains were capped by concerns that more cities in China may take steps to cool surging property prices. The Chinese markets remained shut all week and will re-open on Monday.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	-	-	-
Hang Seng	23,689.44	105.01	0.45
Jakarta Composite	5,472.32	8.40	0.15
KLSE Composite	1,661.25	8.70	0.53
Nikkei 225	16,735.65	136.98	0.83
Straits Times	2,884.64	13.80	0.48
KOSPI Composite	2,054.86	11.23	0.55
Taiwan Weighted	9,287.77	53.57	0.58

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