Most of the Asian markets closed the shutter with negative mark on Tuesday, as investors espoused a cautious approach ahead of the German Constitutional Court's decision on the Eurozone's bailout fund and the Fed meeting that may yield widely expected stimulus to bolster growth in the world's largest economy. Hong Kong market, for a fourth consecutive day, ended higher tracking gains in European markets after a German court said it would rule on the legality of the European bailout fund as scheduled on Wednesday. However, Japanese shares fell notably, as investors cut their exposure to exporters and riskier stocks.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,120.55 | -14.34 | -0.67 |
Hang Seng | 19,857.88 | 30.71 | 0.15 |
Jakarta Composite | 4,155.36 | -5.30 | -0.13 |
KLSE Composite | 1,614.24 | -6.80 | -0.42 |
Nikkei 225 | 8,807.38 | -61.99 | -0.70 |
Straits Times | 3,016.40 | 7.68 | 0.26 |
KOSPI Composite | 1,920.00 | -4.70 | -0.24 |
Taiwan Weighted | 7,485.13 | 2.39 | 0.03 |