Asian markets ended mostly higher on Tuesday amid signs of a slight easing of US-China trade tensions and on growing expectations of fresh stimulus measures by major economies, such as Germany and China. Japanese share ended up after the Trump said that Apple CEO Tim Cook has made a ‘very compelling argument’ against trade tariffs. The Trump administration on Monday extended a reprieve that permits China’s Huawei Technologies to buy components from US companies by 90 days, to supply existing customers. Though, Chinese and Hong Kong shares ended slightly lower on profit taking after a strong rally as the People's Bank of China unveiled a major reform to its system of benchmark interest rates.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,880.00 | -3.10 | -0.11 |
Hang Seng | 26,231.54 | -60.30 | -0.23 |
Jakarta Composite | 6,295.74 | -0.98 | -0.02 |
KLSE Composite | 1,602.75 | 6.30 | 0.39 |
Nikkei 225 | 20,677.22 | 114.06 | 0.55 |
Straits Times | 3,135.95 | 7.50 | 0.24 |
KOSPI Composite | 1,960.25 | 20.35 | 1.05 |
Taiwan Weighted | 10,522.50 | 33.75 | 0.32 |
