Asian markets ended mostly lower on Tuesday ahead of US inflation data later this week that could provide more indications about the Fed's policy outlook, while some investors standing by on news of a global minimum corporate tax rate. Japanese shares ended lower even as the Japanese government revised the contraction of the gross domestic product (GDP) for the first quarter of 2021 to 1 percent, 0.3 percent less than the preliminary data published in May. Moreover, Chinese shares ended down as investors worried about lofty valuations and lingering Sino-US tensions.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,580.11 | -19.43 | -0.54 |
Hang Seng | 28,781.38 | -5.90 | -0.02 |
Jakarta Composite | 5,999.37 | -70.57 | -1.16 |
KLSE Composite | 1,587.96 | 9.51 | 0.60 |
Nikkei 225 | 28,963.56 | -55.68 | -0.19 |
Straits Times | 3,167.14 | -8.67 | -0.27 |
KOSPI Composite | 3,247.83 | -4.29 | -0.13 |
Taiwan Weighted | 17,076.21 | -7.70 | -0.05 |