Asian markets end mostly higher on Tuesday

30 Oct 2018 Evaluate

Asian markets ended mostly higher on Tuesday as hopes for China stimulus helped offset fresh worries over the Sino-US trade frictions. US President Donald Trump said he thinks there will be ‘a great deal’ with China on trade, but warned of more tariffs if talks next month fail to ease the trade war. Chinese shares ended higher after the securities regulator said it would enhance market liquidity, and encourage share buybacks and mergers and acquisitions by listed firms. Further, Japanese shares closed higher as the yen extended its drop against the dollar and Chinese equities rebounded on fresh attempts by Beijing to stabilize its stock markets.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,568.05	25.95	1.01
Hang Seng	24,585.53	-226.51	-0.92
Jakarta Composite	5,789.10	34.49	0.60
KLSE Composite	1,685.94	2.21	0.13
Nikkei 225	21,457.29	307.49	1.43
Straits Times	2,966.45	-15.09	-0.51
KOSPI Composite	2,014.69	18.64	0.93
Taiwan Weighted	9,526.11	9.79	0.10

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