Asian markets ended higher on Tuesday. Chinese shares ended higher after the People's Bank of China announced it would reduce the required reserve ratio for some small and medium-sized banks. China's commerce ministry said that Vice Premier Liu He would visit the United States on May 9 and May 10 for bilateral trade talks at the invitation of senior US officials. The Japanese and South Korean markets, which resumed trading after holidays, fell sharply while markets elsewhere across the region regained some ground after steep losses in the previous session.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,926.39 | 19.93 | 0.69 |
Hang Seng | 29,363.02 | 153.20 | 0.52 |
Jakarta Composite | 6,297.32 | 40.97 | 0.65 |
KLSE Composite | 1,639.37 | 6.57 | 0.40 |
Nikkei 225 | 21,923.72 | -335.01 | -1.51 |
Straits Times | 3,312.52 | 21.90 | 0.67 |
KOSPI Composite | 2,176.99 | -19.33 | -0.88 |
Taiwan Weighted | 10,987.14 | 90.02 | 0.83 |