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 |