Asian markets settled in green on Tuesday, as the market sentiments got bolstered after Shanghai marked three consecutive days of zero community transmission and as the government plans to reopen the markets gradually. Chinese economic data had tumbled this month in the wake of gruelling covid restrictions. Japan’s Nikkei finished higher for third straight session with the rally in technological and property sector. Meanwhile, optimism over Chinese market re-opening supported the sentiments. Shanghai ended moderately higher, amid optimistic reports that Chinese government will formulate policy measures to stem manufacturing and services sector also lifted the equity investments.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,093.70 | 19.95 | 0.65 |
Hang Seng | 20,602.52 | 652.31 | 3.27 |
Jakarta Composite | 6,644.47 | 46.48 | 0.70 |
KLSE Composite | 1,548.60 | 4.19 | 0.27 |
Nikkei 225 | 26,659.75 | 112.70 | 0.42 |
Straits Times | 3,201.89 | 10.73 | 0.34 |
KOSPI Composite | 2,620.44 | 23.86 | 0.92 |
Taiwan Weighted | 16,056.09 | 155.05 | 0.98 |
