Asian markets ended mixed on Tuesday as investors adopted a cautious stance ahead of earnings results from the big US banks this week. Investors also remained cautious over the partial US-China trade deal announced last week as well as renewed Brexit uncertainty dented sentiment. Chinese shares ended down after the reports showed that China inflation accelerated to the highest since 2013 on food prices, while factory gate prices eased further in September as trade disputes with the US and subdued demand weighed on the manufacturing sector. Consumer price inflation rose more-than-expected to 3 percent in September from 2.8 percent in August. Producer prices declined for the third straight month in September. Prices decreased 1.2 percent annually after falling 0.8 percent in August. Meanwhile, Japanese shares ended higher as traders returned to their desks after a long holiday weekend.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,991.05 | -16.83 | -0.56 |
Hang Seng | 26,503.93 | -17.92 | -0.07 |
Jakarta Composite | 6,158.17 | 31.29 | 0.51 |
KLSE Composite | 1,566.23 | -1.36 | -0.09 |
Nikkei 225 | 22,207.21 | 408.34 | 1.87 |
Straits Times | 3,116.17 | -8.28 | -0.27 |
KOSPI Composite | 2,068.17 | 0.77 | 0.04 |
Taiwan Weighted | 11,111.80 | 44.85 | 0.41 |
