Asian markets ended mostly in green on Tuesday, with relief over EU election results and US President Donald Trump's softer approach on trade in his meeting with Japan's prime minister helping underpin investor sentiment. Meanwhile, Trump said Monday that Washington was not ready to make a deal with Beijing but he expected one in the future. Chinese shares closed higher for a second straight session ahead of an increase in MSCI's weighting of Chinese mainland shares. Expectations of policy support also boosted sentiment. Further, Japanese shares ended up after Trump said a trade deal between Japan and the US would be struck in August. Japan's Economy Minister Toshimitsu Motegi said Trump's comments probably reflected his hope for quick progress in negotiations.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,909.91 | 17.53 | 0.61 |
Hang Seng | 27,390.81 | 102.72 | 0.38 |
Jakarta Composite | 6,033.14 | -65.83 | -1.08 |
KLSE Composite | 1,614.57 | 13.22 | 0.83 |
Nikkei 225 | 21,260.14 | 77.56 | 0.37 |
Straits Times | 3,165.32 | -5.45 | -0.17 |
KOSPI Composite | 2,048.83 | 4.62 | 0.23 |
Taiwan Weighted | 10,312.31 | -21.82 | -0.21 |
