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Asian markets end mostly higher on Tuesday

21 Jul 2026 Evaluate
Asian markets ended mostly higher on Tuesday amid hopes that United States and Iran will resume peace negotiations. Although, some gains were limited after Houthi leaders in Yemen declared a naval blockade against Saudi Arabia, US President Donald Trump vowed that Iran will pay dearly for every US soldier killed, and Trump announced new 50% tariffs on a wide range of Canadian imports due to alleged discriminatory treatment of American products. Chinese shares jumped, a day after several state-owned enterprises announced measures including share buybacks, stake increases and dividend payouts as they remain confident in the prospects of the country's capital market. Japanese shares rallied as traders returned to their desks after a long holiday weekend, with technology stocks leading the advance. South Korea's Kospi index climbed as investors went bargain hunting for tech heavyweights following last week's sharp selloff. Meanwhile, Hong Kong shares ended flat as investors remained on the sidelines ahead of Hong Kong's inflation data due later in the day.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,864.37

68.09

1.79

Hang Seng

25,132.29

-10.76

-0.04

Jakarta Composite

6,340.02

108.24

1.71

KLSE Composite

1,720.37

-1.92

-0.11

Nikkei 225

66,232.19

2,091.07

3.26

Straits Times

5,526.72

27.77

0.51

KOSPI Composite

6,747.95

231.68

3.56

Taiwan Weighted

44,232.87

1,783.17

4.20