Asian markets ended mostly higher on Tuesday, with China's yuan jumped after the United States removed the currency manipulator label it imposed on China last summer, in a sign of easing Sino-US tensions after nearly two years of conflict. Further, Japanese shares ended up as traders returned to their desks after a public holiday on Monday. Though, Chinese shares ended lower despite upbeat trade data. China's exports rose an annual 7.6 percent in the month, marking the first gain in the country's exports since July 2019 and the fastest growth rate since March 2019, official data showed. At the same time, imports in the month grew 16.3 percent from a year earlier.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,106.82 | -8.75 | -0.28 |
Hang Seng | 28,885.14 | -69.80 | -0.24 |
Jakarta Composite | 6,325.41 | 28.84 | 0.46 |
KLSE Composite | 1,574.89 | -9.84 | -0.62 |
Nikkei 225 | 24,025.17 | 174.60 | 0.73 |
Straits Times | 3,270.54 | 19.47 | 0.60 |
KOSPI Composite | 2,238.88 | 9.62 | 0.43 |
Taiwan Weighted | 12,179.81 | 66.39 | 0.55 |
