Asian equity markets ended mostly in green on Tuesday. A weaker yen helped exporters rise in Japan and solid industrial profits data supported underlying sentiments in China. ECB President Mario Draghi talked up benefits of the ECB's easy monetary policy and crude oil futures rose for a fourth consecutive session on Tuesday. Meanwhile, investors looked ahead to Federal Reserve Chair Janet Yellen's speech later in the day for additional clues on whether the US central bank will hike rates going forward. Chinese shares ended higher after official data showed profit growth in China's industrial sector picked up speed in May, but investors turned cautious amid a strong rally in blue-chips after MSCI decided last week to add 222 China-listed stocks to its Emerging Markets Index. The markets in Malaysia and Indonesia remained closed in observance of Eid-ul-Fitr.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,191.20 | 5.75 | 0.18 |
Hang Seng | 25,839.99 | -31.90 | -0.12 |
Jakarta Composite | - | - | - |
KLSE Composite | - | - | - |
Nikkei 225 | 20,225.09 | 71.74 | 0.36 |
Straits Times | 3,219.53 | 10.06 | 0.31 |
KOSPI Composite | 2,391.95 | 3.29 | 0.14 |
Taiwan Weighted | 10,512.06 | -1.90 | -0.02 |