Asian equity markets made a mixed closing on Tuesday as investors remained optimistic about the outlook for Republican tax reform and the World Bank raised its forecast for China's growth in 2017, citing rising household incomes and a recovery in global trade. The US House of Representatives is scheduled to vote on the tax bill later in the day, while a vote in the Senate is expected to follow shortly on the heels. Chinese shares ended higher, reflecting gains in other regional markets and overnight gains on Wall Street. Meanwhile, Japanese shares edged lower amid profit taking as the year-end holiday season approaches.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,296.54 | 28.62 | 0.88 |
Hang Seng | 29,253.66 | 203.25 | 0.70 |
Jakarta Composite | 6,167.67 | 33.70 | 0.55 |
KLSE Composite | 1,736.95 | -14.69 | -0.84 |
Nikkei 225 | 22,868.00 | -33.77 | -0.15 |
Straits Times | 3,404.47 | -10.35 | -0.30 |
KOSPI Composite | 2,478.53 | -3.35 | -0.13 |
Taiwan Weighted | 10,467.34 | -39.18 | -0.37 |