Asian markets ended mixed on Tuesday as investors booked some profit after a recent strong recent run, on concerns about the U.S. debt ceiling. Japan’s Nikkei closed higher on the back of the yen's slide the previous day as expectations grew that strong political pressure will prompt the Bank of Japan to deliver bold monetary easing measures. Chinese stocks went home with a green mark on expectation for greater foreign participation in the domestic markets. However, Hong Kong market closed lower, as telecom firms were under pressure, while South Korea's stocks closed in negative territory, weighed down by foreign investors, who extended their selling streak to the fourth consecutive session.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,325.68 | 13.94 | 0.60 |
Hang Seng | 23,381.51 | -31.75 | -0.14 |
Jakarta Composite | 4,400.82 | 18.33 | 0.42 |
KLSE Composite | 1,685.89 | 1.26 | 0.07 |
Nikkei 225 | 10,879.08 | 77.51 | 0.72 |
Straits Times | 3,196.07 | -10.52 | -0.33 |
KOSPI Composite | 1,983.74 | -23.30 | -1.16 |
Taiwan Weighted | 7,765.02 | -58.95 | -0.75 |
