Asian markets settled mostly higher on Tuesday with hopes of global economic recovery. New York Fed President John Williams noted the recent inflation surge is likely a temporary phase, while investors are expecting the Fed is going to be relatively slow in tapering its asset purchase program. Japanese shares ended higher, on tracking firm cues from Wall Street overnight, while higher crude oil prices also provided the boost.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,557.41 | 28.23 | 0.80 |
Hang Seng | 28,309.76 | -179.24 | -0.63 |
Jakarta Composite | 6,087.84 | 91.59 | 1.53 |
KLSE Composite | 1,574.02 | 1.78 | 0.11 |
Nikkei 225 | 28,884.13 | 873.20 | 3.12 |
Straits Times | 3,109.20 | -8.67 | -0.28 |
KOSPI Composite | 3,263.88 | 23.09 | 0.71 |
Taiwan Weighted | 17,075.55 | 12.57 | 0.07 |
