Asian markets settled mixed on Tuesday amid caution ahead of key US inflation data and a slew of central bank policy meetings due this week. Japanese shares gained in line with Wall Street gains overnight with hopes that the Fed Committee would take a less hawkish stance on interest rate hikes, while an overnight weakening of the yen helped lift exporters. Hong Kong shares jumped on signs of further easing of China's Covid-19 restrictions. Meanwhile, Chinese shares fell marginally after data showed China’s credit expanded at a slightly slower pace than expected in November, despite the PBoC’s efforts to boost lending and ease restrictions on property loans.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,176.33 | -2.71 | -0.09 |
Hang Seng | 19,596.20 | 132.57 | 0.68 |
Jakarta Composite | 6,810.32 | 75.87 | 1.13 |
KLSE Composite | 1,470.12 | -4.26 | -0.29 |
Nikkei 225 | 27,954.85 | 112.52 | 0.40 |
Straits Times | 3,271.28 | 31.62 | 0.98 |
KOSPI Composite | 2,372.40 | -0.62 | -0.03 |
Taiwan Weighted | 14,522.96 | -89.63 | -0.61 |
