Asian equity markets ended in green on Tuesday despite a lack of fresh catalysts as investors looked ahead to more earnings news from the US. Chinese shares rallied, with the blue-chip index closing at a 30-month high, led by a surge in real estate firms, even as a poll backed expectations that growth in the Asian economic powerhouse will slow in 2018. Further, Japanese shares rose to its highest level since late 1991 as the yen's appreciation against the dollar stopped and expectations for strong corporate earnings bolstered investors' sentiments.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,436.59 | 26.11 | 0.77 |
Hang Seng | 31,904.75 | 565.88 | 1.81 |
Jakarta Composite | 6,429.69 | 47.50 | 0.74 |
KLSE Composite | 1,826.03 | 0.12 | 0.01 |
Nikkei 225 | 23,951.81 | 236.93 | 1.00 |
Straits Times | 3,550.21 | 13.80 | 0.39 |
KOSPI Composite | 2,521.74 | 18.01 | 0.72 |
Taiwan Weighted | 10,986.11 | 29.80 | 0.27 |