The Asian markets concluded Tuesday’s trade mostly in green, on back of peaceful Ukraine solution, with Japan’s Nikkei average clawing higher, snapping four days of losses as some foreign investors scooped up battered shares. The once-a-year meeting of China’s legislature - the National People’s Congress will begin on Wednesday, and it will likely make news, all the more so this year, as it follows the Communist Party’s big reform plenum reform late last year. Indonesia’s rupiah dropped by the most in two weeks after the January trade balance unexpectedly swung into deficit, complicating government efforts to trim the current-account shortfall. South Korean CPI rose to 0.3%, from 0.5% in the preceding month. Japan’s Average Cash Earnings fell to a seasonally adjusted -0.2%, from 0.5% in the preceding quarter whose figure was revised down from 0.8%.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2071.47 | -3.76 | -0.18 |
Hang Seng | 22657.63 | 156.96 | 0.70 |
Jakarta Composite | 4601.28 | 17.08 | 0.37 |
KLSE Composite | 1826.46 | 1.77 | 0.10 |
Nikkei 225 | 14721.48 | 69.25 | 0.47 |
Straits Times | 3104.71 | 17.24 | 0.56 |
KOSPI Composite | 1954.11 | -10.58 | -0.54 |
Taiwan Weighted | 8554.54 | -47.44 | -0.55 |