Asian markets ended mixed on Tuesday amid renewed geopolitical and trade tensions after China accused the United States of fueling cybersecurity fears. The Chinese government on Monday accused the US is attempting of trying to curtail its technology development by putting pressure on allies to shun networks supplied by Huawei Technologies. Chinese shares ended on a flat note as investors awaited the outcome of a new round of talks between the United States and China taking place in Washington. Besides, Japanese shares hit fresh two-month highs, with defensive stocks rising as trade talks between the US and China continue in Washington.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,755.65 | 1.29 | 0.05 |
Hang Seng | 28,228.13 | -118.88 | -0.42 |
Jakarta Composite | 6,494.67 | -3.15 | -0.05 |
KLSE Composite | 1,706.56 | 13.82 | 0.82 |
Nikkei 225 | 21,302.65 | 20.80 | 0.10 |
Straits Times | 3,259.80 | -6.17 | -0.19 |
KOSPI Composite | 2,205.63 | -5.26 | -0.24 |
Taiwan Weighted | 10,152.26 | 6.98 | 0.07 |