Asian markets ended mostly in green on Tuesday, though the Chinese market remained in somber mood since start after China’s new yuan loans trailed forecasts last month, restraining the pace of recovery after a seven-quarter slowdown. Meanwhile, the Chinese currency yuan retreated from the upper limit of its trading band, reaching a one-week low on speculation of central bank’s intervention. However, most of the other indices ended in green. Traders in the region waited for progress on US budget talks and eyed Federal Reserve policy meet where the Fed is expected to add monetary stimulus.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,074.70 | -9.07 | -0.44 |
Hang Seng | 22,323.94 | 47.22 | 0.21 |
Jakarta Composite | 4,317.92 | 15.31 | 0.36 |
KLSE Composite | 1,641.57 | 9.42 | 0.58 |
Nikkei 225 | 9,525.32 | -8.43 | -0.09 |
Straits Times | 3,118.33 | 3.99 | 0.13 |
KOSPI Composite | 1,964.62 | 7.20 | 0.37 |
Taiwan Weighted | 7,613.69 | 4.19 | 0.06 |
