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 |