Asian markets ended mostly higher on Tuesday following the killing of a top Iranian general by the United States eased in the absence of any fresh developments in the standoff between the two countries. Chinese shares ended higher on expectations of more policy support for the slowing economy and as concerns over tensions in the Middle East eased. Japanese shares ended up, helped by an overnight recovery in US shares on expectations that the situation in the Middle East will not escalate into full-fledged military action. Meanwhile, investors are focused on much-awaited Phase 1 trade deal between the United States and China set to be signed on January 15 at the White House.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,104.80 | 21.39 | 0.69 |
Hang Seng | 28,322.06 | 95.87 | 0.34 |
Jakarta Composite | 6,279.35 | 21.95 | 0.35 |
KLSE Composite | 1,611.04 | 13.28 | 0.83 |
Nikkei 225 | 23,575.72 | 370.86 | 1.60 |
Straits Times | 3,247.86 | 29.00 | 0.90 |
KOSPI Composite | 2,175.54 | 20.47 | 0.95 |
Taiwan Weighted | 11,880.32 | -73.04 | -0.61 |
