Asian markets ended mostly higher on Tuesday as investors looked ahead to comments from US Treasury Secretary nominee Janet Yellen on US stimulus at the Senate confirmation hearing later today. Janet Yellen is expected to urge lawmakers to act big on relief spending during confirmation hearing, underscoring the urgency and scope of the incoming Biden administration's $1.9 trillion stimulus package. Japanese shares ended higher on bargain hunting following two days of profit-taking. However, concerns over surging corona virus infections capped gains.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,566.38 | -29.84 | -0.83 |
Hang Seng | 29,642.28 | 779.51 | 2.70 |
Jakarta Composite | 6,321.86 | -67.97 | -1.06 |
KLSE Composite | 1,601.88 | -7.64 | -0.47 |
Nikkei 225 | 28,633.46 | 391.25 | 1.39 |
Straits Times | 2,995.92 | 5.52 | 0.18 |
KOSPI Composite | 3,092.66 | 78.73 | 2.61 |
Taiwan Weighted | 15,877.37 | 265.37 | 1.70 |