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Asian markets end mostly higher on Tuesday

28 Aug 2018 Evaluate

Asian equity markets ended mostly higher on Tuesday amid receding trade worries after the United States and Mexico agreed to overhaul the North American Free Trade Agreement (NAFTA). US President Donald Trump also indicated the US would soon begin negotiations with Canada, but suggested that any agreement could be a separate deal. Investors expect Canada too would agree to the new terms to preserve a three-nation pact. Japanese shares ended marginally higher as the US-Mexico trade deal helped lift automobile companies. Though, Chinese stocks ended slightly lower, as investors paused for breath after strong gains the previous session.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,777.98

-2.92

-0.11

Hang Seng

28,351.62

80.35

0.28

Jakarta Composite

6,042.65

16.68

0.28

KLSE Composite

1,826.90

15.30

0.84

Nikkei 225

22,813.47

13.83

0.06

Straits Times

3,247.55

21.93

0.68

KOSPI Composite

2,303.12

3.82

0.17

Taiwan Weighted

10,989.55

87.34

0.79