Asian markets settled mostly down on Tuesday as trade tensions persisted and growing market caution ahead of a key speech by US Federal Reserve Chair Jerome Powell. Seoul shares fell, dragged down by technology shares amid uncertainties surrounding US tariff policies and upcoming corporate earnings. Japanese shares declined after the ruling coalition lost its majority in the upper house over the weekend. However, Chinese and Hong Kong shares gained after China announced over the weekend the start of construction on a $170 billion hydropower dam in Tibet.
|
Asian Indices |
Last Trade |
Change in Points |
Change in % |
|
Shanghai Composite |
3,581.86 |
22.07 |
0.62 |
|
Hang Seng |
25,130.03 |
135.89 |
0.54 |
|
Jakarta Composite |
7,344.74 |
-53.45 |
-0.73 |
|
KLSE Composite |
1,519.40 |
-5.19 |
-0.34 |
|
Nikkei 225 |
39,774.92 |
-44.19 |
-0.11 |
|
Straits Times |
4,208.26 |
1.13 |
0.03 |
|
KOSPI Composite |
3,169.94 |
-40.87 |
-1.29 |
|
Taiwan Weighted |
22,987.92 |
-352.64 |
-1.53 |
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