Asian markets ended mostly lower on Tuesday tracking Wall Street’s overnight losses amid possible delays in fresh US stimulus with allegations of illegal accounts and funds transfers by several global banks over nearly two decades. Further, concerns of possible lockdown in Europe due to fears that second wave of corona virus infections would lead to tougher travel restrictions, too weighed investors' sentiment. Escalating Sino-US tensions too added pressure on the market. Chinese shares ended down, despite China’s cabinet unveiling steps to spur new forms of consumption, including online shopping and payments, in a bid to support the recovery of the economy. Meanwhile, the Japanese market was closed for a holiday.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,274.30 | -42.64 | -1.29 |
Hang Seng | 23,716.85 | -233.84 | -0.98 |
Jakarta Composite | 4,934.09 | -65.27 | -1.31 |
KLSE Composite | 1,505.78 | 6.35 | 0.42 |
Nikkei 225 | - | - | - |
Straits Times | 2,463.29 | -22.42 | -0.90 |
KOSPI Composite | 2,332.59 | -56.80 | -2.38 |
Taiwan Weighted | 12,645.51 | -149.61 | -1.17 |
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