Asian markets ended mostly in green on Tuesday despite muted cues from the US markets. Japanese stocks eked out modest gains, led by gains in the banking and mining sectors. However, Chinese markets ended slightly lower after a choppy session ahead of an expected announcement by the Biden administration on raising tariffs on Chinese EVs, semiconductors, batteries, solar cells, steel and aluminum. On the economic data front, producer prices in Japan were up 0.3 percent on month in April, the Bank of Japan said - accelerating from 0.2 percent in March. On a yearly basis, producer prices rose 0.9 percent - unchanged from the previous month following an upward revision from 0.8 percent. Export prices were up 0.4 percent on month and 1.3 percent on year, the bank said, while import prices fell 0.1 percent on month and 4.3 percent on year.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,145.77 | -2.25 | -0.07 |
| Hang Seng | 19,073.71 | -41.35 | -0.22 |
| Jakarta Composite | 7,083.76 | -15.50 | -0.22 |
| KLSE Composite | 1,605.88 | 2.97 | 0.19 |
| Nikkei 225 | 38,356.06 | 176.60 | 0.46 |
| Straits Times | 3,313.35 | 9.69 | 0.29 |
| KOSPI Composite | 2,730.34 | 3.13 | 0.11 |
| Taiwan Weighted | 20,985.85 | 128.14 | 0.61 |
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