Asian markets ended lower on Tuesday as geopolitical tensions and uncertainty about near term outlook for the global economy forced investors to indulge in heavy selling in stocks from across various sectors. Further, worries about Italy's budgetary woes and Brexit too weighed on the markets even as investors geared up to upcoming corporate earnings results. Japanese shares ended lower, marking more than half a trillion dollars lost in market value this year, on growing investors’ concerns over upcoming corporate earnings and a slowdown in China’s economy.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,594.83 | -60.05 | -2.31 |
Hang Seng | 25,346.55 | -806.60 | -3.18 |
Jakarta Composite | 5,797.89 | -42.55 | -0.73 |
KLSE Composite | 1697.60 | -24.87 | -1.44 |
Nikkei 225 | 22,010.78 | -604.04 | -2.74 |
Straits Times | 3,031.39 | -46.67 | -1.54 |
KOSPI Composite | 2,106.10 | -55.61 | -2.64 |
Taiwan Weighted | 9,775.20 | -199.08 | -2.04 |
