Asian equity markets ended mostly lower on Tuesday, after the Bank of Japan (BOJ) set a 2% inflation target and made an open-ended commitment to buy assets but delayed action on that pledge until next year. Japan’s Nikkei went home with red mark as the yen strengthened following the BOJ’s announcement, hurting exporters such as carmakers. Chinese shares closed in negative territory, paring gains after Beijing released data showing the economy grew faster than expected last year. However, Seoul closed higher, while Hong Kong was also barely changed.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,315.14 | -13.08 | -0.56 |
Hang Seng | 23,658.99 | 68.08 | 0.29 |
Jakarta Composite | 4,416.55 | -23.43 | -0.53 |
KLSE Composite | 1,628.66 | -6.97 | -0.43 |
Nikkei 225 | 10,709.93 | -37.81 | -0.35 |
Straits Times | 3,219.86 | -1.46 | -0.05 |
KOSPI Composite | 1,996.52 | 9.66 | 0.49 |
Taiwan Weighted | 7,759.10 | 34.18 | 0.44 |