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21-Aug2018

All Asian counters trade in green in early deals on Tuesday

All the Asian counters are trading in green in early deals on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the US president about the yuan and Federal Reserve policy capped gains and weighed on the dollar. Meanwhile, China stocks extended rebound aided by strong gains in consumer and healthcare firms, as investors hunted for bargains after recent losses.

Nikkei 225 added 48.70 points or 0.22% to 22,247.70, Shanghai Composite gained 38.66 points or 1.41% to 2,737.13, Taiwan Weighted rose 59.63 points or 0.55% to 10,758.68, KOSPI increased 18.93 points or 0.84% to 2,266.81, Hang Seng surged 131.61 points or 0.47% to 27,729.63, Jakarta Composite soared 39.92 points or 0.67% to 5,932.11, Straits Times spurt 2.20 points or 0.07% to 3,206.91, and FTSE Bursa Malaysia KLCI up by 3.26 points or 0.18% to 1,790.84.


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