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Asian markets end mostly higher on Tuesday

01 Jun 2021 Evaluate

Asian markets ended mostly higher on Tuesday after surveys showed factory activity continued to expand in key Asian economies in May. Caixin’s China manufacturing Purchasing Managers' Index rose to 52.0 in May, the highest level since December and inching up from 51.9 in April. South Korea's PMI stood at 53.7 in May, slowing from April but extending growth into an eighth straight month. While, Japan PMI Manufacturing was finalized at 53.0 in May, down from April’s 53.6. Chinese shares ended marginally higher, supported by Beijing’s latest three-child policy after recent data showed population growth slipping to its slowest rate since the 1950s. However, Japanese shares edged lower as investors awaited US factory activity numbers that will be released on Tuesday, and payrolls data due on Friday for further clues on the outlook for the American economy.

Asian Indices

Last Trade           

Change in Points

Change in %    

Shanghai Composite

3,624.71
9.23
0.26

Hang Seng

29,468.00

316.20
1.08

Jakarta Composite

5,947.46
98.84
1.69

KLSE Composite

1,585.90

2.35

0.15

Nikkei 225

28,814.34
-45.74
-0.16

Straits Times

3,187.23
22.95
0.73

KOSPI Composite

3,221.87
17.95
0.56

Taiwan Weighted

17,162.38
93.95
0.55


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