Asian markets close in green on Tuesday

27 Mar 2018 Evaluate

Asian stocks closed in green on Tuesday amid improved risk appetite as trade-war worries eased following reports that the US and China are willing to negotiate trade-related issues and avert a potential trade war. Stressing that negotiations with China are ongoing, US Treasury Secretary Steven Mnuchin said in an interview on Fox News on Sunday that he is ‘cautiously hopeful’ a trade agreement can be reached. Chinese Premier Li Keqiang also indicated that the US and China should maintain negotiations to avoid a trade war. Japanese shares led regional gains as the yen lost ground for a second straight session on the back of improved risk appetite. Further, Chinese shares snapped a four-session losing streak as tech stocks surged after recent losses on Facebook's data security issues.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	3,166.65	32.93	1.05
Hang Seng	30,790.83	242.06	0.79
Jakarta Composite	6,209.35	9.18	0.15
KLSE Composite	1,862.45	2.54	0.14
Nikkei 225	21,317.32	551.22	2.65
Straits Times	3,439.35	26.89	0.79
KOSPI Composite	2,452.06	14.98	0.61
Taiwan Weighted	10,986.79	146.74	1.35

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