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Asian markets settle higher on Tuesday

13 Aug 2024 Evaluate
Asian markets settled higher on Tuesday as investors were awaiting US producer and consumer price inflation data due this week for additional cues on the Federal Reserve's interest rate trajectory. Chinese and Hong Kong markets were gained ahead of quarterly and half-year earnings from some of China's top Companies as well as Chinese industrial production and retail sales readings due later in the week. Japanese shares rose as traders returned after a public holiday, while a weaker yen makes Japanese exports cheaper.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

2,867.95

9.75

0.34

Hang Seng

17,174.06

62.41

0.36

Jakarta Composite

7,356.64

59.01

0.80

KLSE Composite

1,609.52

2.86

0.18

Nikkei 225

36,232.51

1,207.51

3.33

Straits Times

3,258.57

23.19

0.71

KOSPI Composite

2,621.50

3.20

0.12

Taiwan Weighted

21,796.57

23.31

0.11

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