Asian equity markets ended in green on Tuesday after the three-day US government shutdown ended and the Bank of Japan maintained its massive monetary stimulus program. The US House and the Senate voted Monday to end the government shutdown and subsequently passed a bill to fund the government for about three weeks after Senate majority leader Mitch McConnell promised to address the fate of young immigrant 'Dreamers'. Regional markets shrugged off news that the US will impose steep tariffs on imported washing machines and solar panels. Chinese shares ended higher as investors turned more optimistic about growth in 2018. Further, Japanese shares rallied as the Bank of Japan kept the monetary policy unchanged and offered a more upbeat view on inflation expectations, helping ease jitters that it might shift toward a tighter policy.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,546.51 | 45.14 | 1.29 |
Hang Seng | 32,930.70 | 537.29 | 1.66 |
Jakarta Composite | 6,635.33 | 134.81 | 2.07 |
KLSE Composite | 1,838.04 | 4.89 | 0.27 |
Nikkei 225 | 24,124.15 | 307.82 | 1.29 |
Straits Times | 3,592.08 | 22.65 | 0.63 |
KOSPI Composite | 2,536.60 | 34.49 | 1.38 |
Taiwan Weighted | 11,253.11 | 21.65 | 0.19 |
