Asian markets ended mostly lower on Tuesday as weak earnings guidance from heavy equipment maker Caterpillar and chipmaker Nvidia stoked fresh fears over falling demand in China. Concerns over trade also dented sentiment after the US Department of Justice unsealed sweeping criminal charges against Chinese tech giant Huawei and its chief financial officer Meng Wanzhou. Chinese shares ended lower, but losses were limited by Beijing’s fresh measures to prop the market and stimulate the sluggish economy. Though, Japanese shares ended higher, led by gains in defensive shares such as utilities.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,594.25 | -2.73 | -0.11 |
Hang Seng | 27,531.68 | -45.28 | -0.16 |
Jakarta Composite | 6,436.48 | -22.23 | -0.34 |
KLSE Composite | 1,690.41 | -7.09 | -0.42 |
Nikkei 225 | 20,664.64 | 15.64 | 0.08 |
Straits Times | 3,187.69 | -11.81 | -0.37 |
KOSPI Composite | 2,183.36 | 6.06 | 0.28 |
Taiwan Weighted | 9,931.59 | -81.74 | -0.82 |
