Asian markets finished in green on Tuesday on optimism over Federal Reserve interest rate cut bets. Positive economic indicators and robust corporate earnings boosted investor sentiments. Weaker dollar and rally in technological sector stocks afterPalantir’s strong performance also buoyed the local indices. South Korea’s KOSPI index surged the most among Asian indices, marking its highest level since August 2021. Proactive government policies aimed at stimulating economic growth have played a crucial role in enhancing market sentiments of South Korea.
|
Asian Indices |
Last Trade |
Change in Points |
Change in % |
|
Shanghai Composite |
3,617.60 |
34.29 |
0.95 |
|
Hang Seng |
24,779.00 |
45.55 |
0.18 |
|
Jakarta Composite |
7,515.18 |
50.53 |
0.67 |
|
KLSE Composite |
1,538.64 |
11.66 |
0.76 |
|
Nikkei 225 |
40,542.00 |
251.30 |
0.62 |
|
Straits Times |
4,208.58 |
11.35 |
0.27 |
|
KOSPI Composite |
3,198.00 |
50.25 |
1.57 |
|
Taiwan Weighted |
23,660.59 |
281.65 |
1.19 |
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