Asian markets ended mostly higher on Tuesday as a virtual summit between US President Joe Biden and Chinese President Xi Jinping ended with a pledge to improve cooperation. Meanwhile, investors are awaiting speeches of US Federal Reserve officials this week for further clues on interest rates and monetary policy. Hong Kong shares gained as authorities in several mainland provinces appear to have relaxed rules to spur home sales. Japanese shares ended tad higher, but erased most of its early gains amid lack of major market moving cues. However, Chinese shares declined as the country battled its biggest corona-virus outbreak caused by the highly transmissible delta variant.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,521.79 | -11.51 | -0.33 |
Hang Seng | 25,713.78 | 322.87 | 1.27 |
Jakarta Composite | 6,651.21 | 35.18 | 0.53 |
KLSE Composite | 1,522.89 | 0.55 | 0.04 |
Nikkei 225 | 29,808.12 | 31.32 | 0.11 |
Straits Times | 3,238.80 | -1.78 | -0.05 |
KOSPI Composite | 2,997.21 | -2.31 | -0.08 |
Taiwan Weighted | 17,693.13 | 58.66 | 0.33 |
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