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Asian markets end mostly higher on Tuesday

13 Feb 2024 Evaluate
Asian markets ended mostly higher on Tuesday ahead of January's US inflation data due out later in the day that could provide more cues on the timing of interest rate cuts in the United States. Meanwhile, the Federal Reserve Bank New York survey showed consumer expectations for 1-year and 5-year inflation growth were unchanged at 3% and 2.5% in January. Many regional markets were resumed trading after a long holiday weekend. Markets in mainland China remain closed for the Lunar New Year holiday, with trade expected to resume on February 19, Hong Kong market is due to resume trading on February 14. Japanese shares gained after data showed producer prices in the country edged up 0.2% from a year earlier in January, while remaining flat month-on-month.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

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--

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Hang Seng

--

--

--

Jakarta Composite

7,209.74

-87.93

-1.22

KLSE Composite

1,531.37

19.09

1.26

Nikkei 225

37,963.97

1,066.55

2.81

Straits Times

3,141.87

3.57

0.11

KOSPI Composite

2,649.64

29.32

1.11

Taiwan Weighted

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