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Asian markets end mostly higher on Tuesday

02 Feb 2021 Evaluate

Asian markets ended mostly higher on Tuesday, supported by optimism around US stimulus packages and global recovery. Besides, declining corona virus cases globally and vaccine rollouts too boosted market sentiments. Chinese shares settled higher on easing liquidity tensions in the interbank money markets, while fall in cases of new corona virus infections too helped to boost up the positive sentiment. Japanese shares gained on hopes for robust domestic as well as US corporate earnings. Japanese government is set to approve a month-long extension of its corona virus state of emergency on February 2, less than six months before the pandemic-postponed Olympic Games open in Tokyo.

Asian Indices

Last Trade           

Change in Points

Change in %

Shanghai Composite

3,533.68
28.40
0.81

Hang Seng

29,248.70
355.84
1.23

Jakarta Composite

6,043.84
-23.71
-0.39

KLSE Composite

1,580.49

14.09

0.90

Nikkei 225

28,362.17
271.12
0.97

Straits Times

2,917.29
20.97
0.72

KOSPI Composite

3,096.81
40.28
1.32

Taiwan Weighted

15,760.05
349.96
2.27