Asian markets ended higher on Tuesday tracking overnight gains in Wall Street following strong retail sales data. Chinese shares settled higher as Chinese authorities unveiled sweeping regulations governing overseas share sales by the country's firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc.’s controversial listing. The Chinese central bank PBoC injected 200 billion yuan ($31.39 billion) through seven-day reverse repos into the banking system. Japanese shares advanced by data for Japan's factory output in November, which surged 7.2% against forecast for a rise of 4.8%. Moreover, Seoul shares gained as investors bought shares before the ex-dividend date. However, investors were concerned about the rapidly spreading omicron Covid-19 variant and its possible impact on the global economy.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,630.11 | 14.14 | 0.39 |
Hang Seng | 23,280.56 | 56.80 | 0.24 |
Jakarta Composite | 6,598.34 | 22.90 | 0.35 |
KLSE Composite | 1,500.32 | 7.73 | 0.52 |
Nikkei 225 | 29,069.16 | 392.70 | 1.37 |
Straits Times | 3,128.41 | 24.17 | 0.78 |
KOSPI Composite | 3,020.24 | 20.69 | 0.69 |
Taiwan Weighted | 18,196.81 | 147.87 | 0.82 |
