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Asian markets settle mostly higher on Tuesday

19 Nov 2024 Evaluate
Asian markets settled mostly higher on Tuesday after most Wall Street stocks ticked higher to recover some of their sharp slide from last week and as the US market now looked ahead to the release of tech giant Nvidia's earnings. Japanese markets gained despite the prospect of slower-than-expected interest rate cuts by the Federal Reserve. Chinese and Hong Kong markets were rose with expectations that Beijing will unveil more stimulus after a raft of measures at the end of September aimed at kick starting the economy, with an eye on the property sector. But concern over potential tariff hikes on Chinese products by President-elect Donald Trump's future administration kept investors cautious.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,346.01

22.16

0.66

Hang Seng

19,663.67

87.06

0.44

Jakarta Composite

7,195.72

61.44

0.85

KLSE Composite

1,602.34

-1.70

-0.11

Nikkei 225

38,414.43

193.58

0.50

Straits Times

3,757.97

25.42

0.68

KOSPI Composite

2,471.95

2.88

0.12

Taiwan Weighted

22,848.80

302.26

1.32




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