Asian markets ended mostly higher on Tuesday amid increasing expectations that the US central bank will lower borrowing costs for the second consecutive meeting, following last week’s 50 basis points cut. Chinese shares rose after its central bank PBoC unveiled its biggest stimulus measures since the pandemic to support the Chinese economy. Japanese shares gained as traders returned from a holiday. Meanwhile, BoJ Governor Kazuo Ueda has reiterated his cautious tone and said the central bank can wait to act until economic uncertainties become clearer, dampening speculation of an October rate hike.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 2,863.13 | 114.21 | 3.99 |
| Hang Seng | 19,000.56 | 753.45 | 3.97 |
| Jakarta Composite | 7,778.49 | 2.76 | 0.04 |
| KLSE Composite | 1,670.37 | 5.07 | 0.30 |
| Nikkei 225 | 37,940.59 | 216.68 | 0.57 |
| Straits Times | 3,622.74 | -15.80 | -0.44 |
| KOSPI Composite | 2,631.68 | 29.67 | 1.13 |
| Taiwan Weighted | 22,431.78 | 146.25 | 0.65 |
