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Asian markets end mostly lower on Tuesday

31 Dec 2019 Evaluate

Asian markets ended mostly lower on Tuesday, the last trading day of 2019, as investors booked profits from gains made this month after the United States and China reached a trade deal. White House trade adviser Peter Navarro said the Sino-US phase 1 trade deal was likely to be signed in the next week but confirmation would come from President Donald Trump or US Trade Representative Robert Lighthizer. The South China Morning Post reported, citing a source, that Chinese Vice Premier Liu He is set to lead a delegation to Washington this Saturday to sign the phase one trade deal with the United States. Though, Chinese shares ended higher after official data showed that China's manufacturing sector expanded for the second straight month in December. Meanwhile, the markets in Japan, South Korea, and Indonesia were closed for New Year's Eve.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,050.12
10.10
0.33

Hang Seng

28,189.75
-129.64
-0.46

Jakarta Composite

-

-

-

KLSE Composite

1,588.76

-26.91

-1.67

Nikkei 225

-

-

-

Straits Times

3,222.83
0.39
0.01

KOSPI Composite

-

-

-

Taiwan Weighted

11,997.14
-56.23
-0.47

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