Asian markets end mostly lower on Tuesday

26 Sep 2017 Evaluate

Asian equity markets ended mostly lower on Tuesday as investors adopted a cautious stance amid heightened tensions surrounding the Korean Peninsula. North Korea's top diplomat said on Monday that a weekend tweet by US President Donald Trump will be counted as a declaration of war and North Korea has the right to take counter measures, including shooting down US bombers, even in international space. Japanese shares slipped from a two-year high as a stronger yen weighed on exporters and tech stocks also moved lower, tracking losses among their US peers overnight. Prime Minister Shinzo Abe said at a news conference Monday that he will dissolve the lower house of parliament on Thursday and call a snap election for next month. The minutes from the Bank of Japan's July monetary policy committee meeting showed that policymakers like to stick with their current policy framework despite the recent developments in consumer inflation being relatively weak. Overseas economies are growing steadily, leading to a bump in exports, the minutes added. Meanwhile, Chinese shares steadied in thin activity, after three days of losses, as investors sought beaten-down property developers and resource firms.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,343.58	2.03	0.06
Hang Seng	27,513.01	12.67	0.05
Jakarta Composite	5,863.96	-30.65	-0.52
KLSE Composite	1,765.59	-3.55	-0.20
Nikkei 225	20,330.19	-67.39	-0.33
Straits Times	3,212.04	-3.87	-0.12
KOSPI Composite	2,374.32	-6.08	-0.26
Taiwan Weighted	10,257.02	-78.87	-0.76

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