Asian equity markets ended mostly in red on Tuesday on a rising dollar, falling oil prices and the extended weakness of the yuan that kept underlying sentiment somewhat cautious. China's yuan hit its lowest level in nearly eight years as the dollar remained strong on expectations of faster growth, higher US inflation and interest rates under President-elect Donald Trump. Chinese shares ended lower as investors await October FDI figures due out later in the day. Japanese shares ended marginally lower in choppy trade as investors took profits from sharp gains in the past few days, offsetting gains in banking stocks, which rose on better-than-expected half-year earnings.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,206.99 | -3.39 | -0.11 |
Hang Seng | 22,323.91 | 101.69 | 0.46 |
Jakarta Composite | 5,078.50 | -37.24 | -0.73 |
KLSE Composite | 1,630.56 | 13.92 | 0.86 |
Nikkei 225 | 17,668.15 | -4.47 | -0.03 |
Straits Times | 2,797.55 | 10.28 | 0.37 |
KOSPI Composite | 1,967.53 | -6.87 | -0.35 |
Taiwan Weighted | 8,931.03 | -9.37 | -0.10 |