Asian markets finished mostly in green on Tuesday bolstered by the optimism about potential stimulus driven global economic recovery from the damage caused by the covid pandemics .The investors are widely expecting that the Federal Reserve will tackle the inflation concerns and rising bond yields by taking necessary measures at its meeting this week. The Central Bank is expected to give updated economic and interest rate projections along side its policy decisions. China's Shanghai rebounded with the advancing of stocks in consumer staples and financial sectors. Japan is also awaiting decisions from the Bank of Japan a day later.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,446.73 | 26.78 | 0.78 |
Hang Seng | 29,027.69 | 193.93 | 0.67 |
Jakarta Composite | 6,309.70 | -14.56 | -0.23 |
KLSE Composite | 1,623.96 | 3.04 | 0.19 |
Nikkei 225 | 29,921.09 | 154.12 | 0.52 |
Straits Times | 3,105.51 | -0.49 | -0.02 |
KOSPI Composite | 3,067.17 | 21.46 | 0.70 |
Taiwan Weighted | 16,313.16 | 63.83 | 0.39 |