Asian markets end mostly in red on Tuesday

19 Sep 2017 Evaluate

Asian equity markets ended mostly lower on Tuesday, even as Japanese shares surged as traders returned to their desks after a long holiday weekend. Underlying sentiments remained cautious as investors awaited clues from the Fed and BoJ meetings. At a two-day policy meeting beginning later today, the Federal Reserve is expected to announce details on its trillions balance sheet unwinding. The Bank of Japan holds its regular policy meeting on Thursday with many expecting no change in its monetary policy stance. Chinese stocks fell slightly as liquidity worries resurfaced before the National Day holiday. Japanese shares hit its highest close in more than two years as investors drew confidence from a weakening yen and gains on Wall Street, while hopes of a snap election underpinned the market.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,356.84	-6.01	-0.18
Hang Seng	28,051.41	-108.36	-0.38
Jakarta Composite	5,901.33	16.72	0.28
KLSE Composite	1,776.66	-7.00	-0.39
Nikkei 225	20,299.38	389.88	1.96
Straits Times	3,225.95	-15.90	-0.49
KOSPI Composite	2,416.05	-2.16	-0.09
Taiwan Weighted	10,576.14	-55.43	-0.52

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