Asian equity markets ended mostly in green on Tuesday despite weak overnight cues from Wall Street. While the yen held steady against the dollar ahead of a slew of central bank meetings this week, oil prices rose on reports that Saudi Arabia was making significant supply cuts to customers. Chinese shares eked out modest gains despite speculation that the People's Bank of China will likely raise short-term interest rates this week if the Fed raises rates as expected. However, Japanese shares closed marginally lower as a selloff in technology shares ebbed somewhat and the yen held steady ahead of US Attorney General Jeff Sessions' testimony before the Senate Intelligence Committee later today to explain his role in the Russia investigation.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,153.74 | 13.87 | 0.44 |
Hang Seng | 25,852.10 | 144.06 | 0.56 |
Jakarta Composite | 5,707.65 | 16.21 | 0.28 |
KLSE Composite | 1,784.44 | -4.45 | -0.25 |
Nikkei 225 | 19,898.75 | -9.83 | -0.05 |
Straits Times | 3,257.52 | 9.18 | 0.28 |
KOSPI Composite | 2,374.70 | 16.83 | 0.71 |
Taiwan Weighted | 10,128.15 | 18.19 | 0.18 |