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Asian markets end mostly higher on Tuesday

29 Oct 2019 Evaluate

Asian markets ended mostly higher on Tuesday as investors waiting for developments in US-China trade deal. Moreover, hopes of another interest rate cut by the US Federal Reserve in the monetary policy meeting to be held on Wednesday also boosted investor sentiment. Chinese shares ended lower despite Donald Trump's statement regarding prospects for a trade deal with China being agreed ahead of expectations. Meanwhile, Japanese shares ended higher following Trump’s statement that he hopes to sign a trade deal with China's President at a summit in Chile in the upcoming month.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

2,954.18
-25.87
-0.87

Hang Seng

26,786.76
-104.50
-0.39

Jakarta Composite

6,281.14
15.76
0.25

KLSE Composite

1,577.79

7.79

0.50

Nikkei 225

22,974.13
106.86
0.47

Straits Times

3,197.04
11.51
0.36

KOSPI Composite

2,092.69
-0.91
-0.04

Taiwan Weighted

11,333.87
18.85
0.17

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