Asian markets ended on a mixed note on Tuesday after China reported GDP grew by an annual 3 percent in 2022, which reported its second-lowest annual economic growth in almost 50 years, as December retail sales and industrial production came in far better than forecasted. Also, some caution prevailed ahead of Wednesday's Bank of Japan (BoJ) policy meeting. Japanese shares gained sharply as Japanese yen eased slightly against the US dollar as traders weighed the prospects of a possible change in monetary policy by BoJ. Traders are also assessing stubborn inflation, possible recession and the growth outlook for the markets.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,224.24 | -3.35 | -0.10 |
Hang Seng | 21,577.64 | -169.08 | -0.78 |
Jakarta Composite | 6,767.34 | 79.28 | 1.17 |
KLSE Composite | 1,499.38 | 5.82 | 0.39 |
Nikkei 225 | 26,138.68 | 316.36 | 1.21 |
Straits Times | 3,280.51 | -3.09 | -0.09 |
KOSPI Composite | 2,379.39 | -20.47 | -0.86 |
Taiwan Weighted | 14,932.93 | 5.92 | 0.04 |
