Asian markets ended mostly higher on Tuesday following Wall Street’s overnight gains after the reported death tolls in some of the world's corona virus hot spots showed signs of easing over the weekend. Expectations of more central bank and government stimulus to counter the economic fallout from the pandemic too supported investors' sentiment. Chinese shares ended higher as the country reported zero new corona virus deaths for the first time since January. Further, Japanese shares ended sharply higher after reports suggesting that the Cabinet will approve a corona virus stimulus package totaling 108 trillion yen, or equal to 20% of Japan's GDP, while investors awaited the government's decision to declare a state of emergency.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,820.76 | 56.77 | 2.05 |
Hang Seng | 24,253.29 | 504.17 | 2.12 |
Jakarta Composite | 4,778.64 | -33.19 | -0.69 |
KLSE Composite | 1,369.92 | 28.23 | 2.10 |
Nikkei 225 | 18,950.18 | 373.88 | 2.01 |
Straits Times | 2,571.89 | 101.30 | 4.10 |
KOSPI Composite | 1,823.60 | 31.72 | 1.77 |
Taiwan Weighted | 9,996.39 | 177.65 | 1.81 |
