Asian markets ended mostly higher on Tuesday as expectations of a Covid-19 vaccine bolstered investors' sentiment. After Pfizer, US pharma giant Moderna has published its own preliminary analysis indicating its own vaccine had 94.5 percent effectiveness in preventing corona virus. Japanese shares ended marginally higher as reports of another promising corona virus vaccine re-ignited hope of a quick global recovery. However,, Chinese shares weighed down by losses in healthcare stocks on worries over lofty valuations, while more bond defaults hit sentiment.
Asian Indices | Last Trade | Change in Points | Change in % | Shanghai Composite | 3,339.90 | -7.07 | -0.21 | Hang Seng | 26,415.09 | 33.42 | 0.13 | Jakarta Composite | 5,529.94 | 35.07 | 0.64 | KLSE Composite | 1,610.15 | 10.49 | 0.66 | Nikkei 225 | 26,014.62 | 107.69 | 0.42 | Straits Times | 2,778.55 | 30.55 | 1.11 | KOSPI Composite | 2,539.15 | -3.88 | -0.15 | Taiwan Weighted | 13,593.01 | 41.18 | 0.30 |
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