Asian markets ended mixed on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge. Chinese shares ended higher as the easing of US trade restrictions on Chinese telecoms firm Huawei brought relief to investors, lifting sentiment battered by a bruising trade war between the world’s two largest economies. Though, Japanese shares closed lower, tracking global economic concerns as investors fret over the latest flare-up in the China-US trade war involving Chinese tech giant Huawei and concerns about the future course of the global economy.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,905.97 | 35.37 | 35.37 |
Hang Seng | 27,657.24 | -130.37 | -0.47 |
Jakarta Composite | 5,951.37 | 44.25 | 0.75 |
KLSE Composite | 1,603.74 | -1.62 | -0.10 |
Nikkei 225 | 21,272.45 | -29.28 | -0.14 |
Straits Times | 3,183.26 | -22.20 | -0.69 |
KOSPI Composite | 2,061.25 | 5.54 | 0.27 |
Taiwan Weighted | 10,464.50 | 66.09 | 0.64 |
