Asian equity markets ended mostly higher on Tuesday. Chinese shares ended higher after data showed activity in China's services sector expanded at a steady pace in May. The Caixin Services PMI stood at 52.9 in the month, matching expectations and unchanged from the previous month. Japanese shares eked out modest gains as the yen edged lower against the dollar and data on services sector activity and household spending painted a mixed picture of the economy. However, weak commodity prices pulled down resource stocks and investors waited for cues from the G-7 summit in Canada later this week as well the June 12 summit in Singapore between US President Donald Trump and North Korean leader Kim Jong Un.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,114.21 | 23.02 | 0.74 |
Hang Seng | 31,093.45 | 95.47 | 0.31 |
Jakarta Composite | 6,088.79 | 73.97 | 1.23 |
KLSE Composite | 1,755.14 | 0.03 | -- |
Nikkei 225 | 22,539.54 | 63.60 | 0.28 |
Straits Times | 3,483.16 | 15.68 | 0.45 |
KOSPI Composite | 2,453.76 | 6.00 | 0.25 |
Taiwan Weighted | 11,100.11 | -9.39 | -0.08 |
