Asian equity markets ended mostly in red on Tuesday as investors booked some profits after several days of advances. Markets await cues from key central bank meetings due this week as well as a major annual economic planning conference in Beijing that will set policy priorities for the next 12 months. Japanese shares ended lower as caution set in ahead of a two-day policy meeting of the US Federal Reserve beginning later today. Further, Chinese shares ended lower on growing expectations that China's central bank may raise open-market interest rates if the Fed decides to increase borrowing costs.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,280.81 | -41.38 | -1.25 |
Hang Seng | 28,793.88 | -171.41 | -0.59 |
Jakarta Composite | 6,032.37 | 5.74 | 0.10 |
KLSE Composite | 1,729.57 | 10.10 | 0.59 |
Nikkei 225 | 22,866.17 | -72.56 | -0.32 |
Straits Times | 3,465.54 | 5.09 | 0.15 |
KOSPI Composite | 2,461.00 | -10.49 | -0.42 |
Taiwan Weighted | 10,443.28 | -29.81 | -0.28 |