Asian markets ended mostly lower on Tuesday as global investors awaited this week's Federal Reserve meeting outcome for any new hints about when the US central bank would pare back stimulus. Chinese shares extended losses following a series of crackdowns by Beijing on its technology and education industries. Moreover, lingering concerns about the spread of new coronavirus variants too influenced market sentiments. Tokyo reported its highest number of new coronavirus infections on Tuesday, days after the Olympics began. However, Japanese shares ended higher as investors cheered upbeat corporate earnings from the United States.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,381.18 | -86.26 | -2.49 |
Hang Seng | 25,086.43 | -1,105.89 | -4.22 |
Jakarta Composite | 6,097.05 | -9.34 | -0.15 |
KLSE Composite | 1,514.60 | 2.07 | 0.14 |
Nikkei 225 | 27,970.22 | 136.93 | 0.49 |
Straits Times | 3,138.81 | -0.16 | -0.01 |
KOSPI Composite | 3,232.53 | 7.58 | 0.24 |
Taiwan Weighted | 17,269.87 | -133.69 | -0.77 |
