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Asian markets trade mostly lower in early deals on Tuesday

02 Jun 2026 Evaluate
Asian markets traded mostly lower in early deals on Tuesday, as renewed uncertainty and military clashes surrounding US-Iran peace negotiations spiked energy costs. Wall Street's warnings of a tech bubble and doubts over the near-term payoff of massive AI infrastructure spending saddled major AI and tech stocks. Recent weak data from China dulled investor confidence. Japan’s Nikkei tumbled amid growing market speculation of an impending rate hike by the Bank of Japan. This tightening outlook is fuelled by escalating inflationary pressures from the Middle East crisis. Stock market of Malaysia is closed for Harvest Festival.

Nikkei tumbled by 923.33 points or 1.38% to 66,011.00, Taiwan weighted dipped by 72.09 points or 0.16% to 45,265.82, KOSPI Index plunged by 199.02 points or 2.26% to 8,589.36, and Shanghai Composite down by 1.50 points or 0.04% to 4,056.24.

On the flip side, Straits Times rose by 25.35 points 0.50% to 5,063.21, Hang Seng soared by 351.82 points or 1.37% to 25,750.00, and Jakarta Composite jumped by 54.46 points or 0.89% to 6,181.84.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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