Asian markets ended mostly lower on Tuesday, even after reports suggesting that China and the United States were 'very close' to a phase one trade deal. Hong Kong shares ended lower as investors locked in profit after a recent rally, while Alibaba’s shares rose to a small premium over New York in their debut at the financial hub. However, Japanese shares ended higher as the dollar hit a one-week high against the yen on growing optimism that China and the United States will soon announce a partial trade agreement. Earlier today, China's commerce ministry said Vice premier Liu He, China's chief trade negotiator, held a call with his US counterparts and that both sides agreed to maintain communication on remaining issues.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,907.06 | 0.89 | 0.03 |
Hang Seng | 26,913.92 | -79.12 | -0.29 |
Jakarta Composite | 6,026.19 | -44.57 | -0.73 |
KLSE Composite | 1,583.87 | -7.48 | -0.47 |
Nikkei 225 | 23,373.32 | 80.51 | 0.35 |
Straits Times | 3,207.85 | -12.78 | -0.40 |
KOSPI Composite | 2,121.35 | -2.15 | -0.10 |
Taiwan Weighted | 11,576.82 | 15.24 | 0.13 |
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