MoneyWorks4Me

Asian markets end mostly in red on Tuesday

19 Mar 2019 Evaluate

Asian markets ended mostly lower on Tuesday as investors awaited US Federal Reserve and other major central banks meetings outcome later in the week. The US Federal Reserve kicks off its two-day monetary policy meeting later in the day, while the Bank of England (BoE) announces its interest-rate decision on Thursday. In Asia, central banks in Indonesia, the Philippines, Taiwan and Thailand all have monetary policy meetings this week. Chinese shares ended lower on profit taking after recent string of gains on hopes for continued government support to boost growth. Further, Japanese shares closed down as the yen firmed up against the dollar ahead of the Fed and BoE meetings this week.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,090.98
-5.44
-0.18

Hang Seng

29,466.28
57.27
0.19

Jakarta Composite

6,480.28
-29.17
-0.45

KLSE Composite

1,687.68

-3.26

-0.19

Nikkei 225

21,566.85
-17.65
-0.08

Straits Times

3,220.92
7.96
0.25

KOSPI Composite

2,177.62
-1.87
-0.09

Taiwan Weighted

10,512.32
-0.38
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