Asian stocks closed in red on Tuesday in the absence of any lead from Wall Street and amid weak cues from Europe. Investors remained on sidelines ahead of minutes from the latest Federal Open Market Committee meeting and a slew of speeches by Fed officials this week to assess the outlook for rate tightening. Japanese Nikkei edged lower by over a percent, as a combination of a retreat in risk appetite and profit-taking dented the broader market, with financials and index-heavy shares underperforming. Markets in China and Taiwan remained closed for the Lunar New Year holidays.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | - | - | - |
Hang Seng | 30,873.63 | -241.80 | -0.78 |
Jakarta Composite | 6,662.88 | -26.41 | -0.39 |
KLSE Composite | 1,855.99 | -1.33 | -0.07 |
Nikkei 225 | 21,925.10 | -224.11 | -1.01 |
Straits Times | 3,476.53 | -11.35 | -0.33 |
KOSPI Composite | 2,415.12 | -27.70 | -1.13 |
Taiwan Weighted | - | - | - |
