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Asian Markets end mixed on Tuesday

16 Oct 2018 Evaluate

Asian markets ended mixed in cautious trade on Tuesday amid lingering global trade tensions and rising geopolitical risks in the Middle East. Investors also waited to take cues from upcoming corporate earnings results and the minutes of the US Federal Reserve's latest policy meeting, due Wednesday. Chinese shares ended lower after the release of inflation data. Consumer prices in China were up 2.5 percent year-on- year in September, the National Bureau of Statistics said. That was in line with expectations and up from 2.3 percent in August. The statistics bureau also said that producer prices climbed an annual 3.6 percent - exceeding forecasts for 3.5 percent and down from 4.1 percent in the previous month. Meanwhile, Japanese shares rallied as bargain hunters lapped up index heavyweights in an oversold market.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,546.33

-21.77

-0.85

Hang Seng

25,462.26

17.20

0.07

Jakarta Composite

5,800.82

73.56

1.27

KLSE Composite

1,736.84

8.10

0.47

Nikkei 225

22,549.24

277.94

1.23

Straits Times

3,034.31

-11.66

-0.38

KOSPI Composite

2,145.12

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Taiwan Weighted

9,981.10

79.98

0.80