Asian equity markets ended mostly lower on Tuesday as a strengthening dollar sapped demand for emerging market assets and investors kept an eye on Italian politics after the country's two populist parties announced a joint agreement naming Giuseppe Conte, 53, as the next prime minister. Japanese shares fell from 3 1/2-month highs reached the previous day, with financials leading declines as bond yields peaked after hitting a three-year high last week. Chinese shares ended on a flat note as gains in healthcare and telecom stocks were offset by declines in real estate firms. Meanwhile, markets in South Korea and Hong Kong are closed for holidays.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,214.35 | 0.51 | 0.02 |
Hang Seng | - | - | - |
Jakarta Composite | 5,751.12 | 17.27 | 0.30 |
KLSE Composite | 1,845.03 | -8.55 | -0.46 |
Nikkei 225 | 22,960.34 | -42.03 | -0.18 |
Straits Times | 3,543.18 | -5.05 | -0.14 |
KOSPI Composite | - | - | - |
Taiwan Weighted | 10,938.73 | -27.47 | -0.25 |
