Asian markets ended mostly higher on Tuesday due to easing of corona virus-related restrictions in many countries. Markets' sentiment improved further by tracking strong gains in Wall Street overnight after New York Governor announced plans for a phased reopening of his state's economy, citing a steady decline in corona virus hospitalization rates. Though, some gains were capped after oil extended its losses amid mounting fears that storage around the world could reach full capacity soon. Meanwhile, Japanese shares ended almost flat as investors adopted a cautious approach ahead of Golden Week spring holidays and the announcement of corporate earnings. Further, data showing Japan's unemployment rate rose to a one-year high in March and job availability slipped to a more than a three-year low as the corona virus outbreak and containment measures caused the nation's job market to deteriorate.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,810.02 | -5.47 | -0.19 |
Hang Seng | 24,575.96 | 295.82 | 1.22 |
Jakarta Composite | 4,529.55 | 16.41 | 0.36 |
KLSE Composite | 1,372.20 | 2.04 | 0.15 |
Nikkei 225 | 19,771.19 | -12.03 | -0.06 |
Straits Times | 2,562.95 | 13.55 | 0.53 |
KOSPI Composite | 1,934.09 | 11.32 | 0.59 |
Taiwan Weighted | 10,616.06 | 48.79 | 0.46 |
