Asian markets end mixed on Tuesday

25 Sep 2018 Evaluate

Asian markets ended mixed on Tuesday as the latest exchange of US-China tariffs, rising oil prices and political turbulence in the US coming ahead of the mid-term elections dented sentiments. Investors also awaited cues from the US Federal Reserve's monetary policy decision on Wednesday, at which the central bank is widely expected to raise interest rates by 25 basis points. Chinese shares ended lower as markets resumed trading after a holiday on Monday. However, Japanese shares ended higher, helped by gains in chip-related stocks that offset weakness in construction equipment manufacturers, which fell on worries that a new round of US-China trade tariffs could hurt global demand. Markets in Hong Kong and South Korea are closed for public holidays.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,781.14	-16.34	-0.59
Hang Seng	-	-	-
Jakarta Composite	5,874.30	-7.92	-0.13
KLSE Composite	1,794.47	-5.70	-0.32
Nikkei 225	23,940.26	70.33	0.29
Straits Times	3,236.08	16.92	0.52
KOSPI Composite	-	-	-
Taiwan Weighted	10,978.85	6.44	0.06

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