Asian equity markets ended lower on Tuesday as investors monitored oil prices and kept an eye on political developments in Italy. The prospects of fresh elections in the country offset optimism over a possible revival in diplomatic talks between the US and North Korea. Chinese shares ended lower on concerns about rising credit risks in the country. Further, Japanese shares hit a one-month low as concerns over European politics and uncertainty over the prospects for a US-North Korea summit sapped investors' appetite for risk. Meanwhile, the markets in Malaysia, Singapore, and Indonesia are closed for Wesak Day.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,120.46 | -14.62 | -0.40 |
Hang Seng | 30,484.58 | -307.68 | -1.00 |
Jakarta Composite | - | - | - |
KLSE Composite | - | - | - |
Nikkei 225 | 22,358.43 | -122.66 | -0.55 |
Straits Times | - | - | - |
KOSPI Composite | 2,457.25 | -21.71 | -0.88 |
Taiwan Weighted | 10,964.12 | -23.65 | -0.22 |
