Asian markets’ massive sell-off was led by South Korea’s Kospi index, which plunged nearly 10% and triggered multiple circuit breakersAsian markets settle mostly lower on Tuesday – Latest News
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23 Jun 2026
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Asian markets settled mostly lower on Tuesday, triggered by a global unwind of the artificial intelligence and technology rally coupled with hawkish US Federal Reserve interest rate expectations. Asian markets’ massive sell-off was also led by South Korea’s Kospi index, which plunged nearly 10% and triggered multiple circuit breakers. Investors also looked ahead to key inflation data due to be released on Thursday and weighed the latest developments in the US-Iran war negotiations. US Vice President JD Vance said Tehran had agreed to admit nuclear monitors into the country. But Iran denied making any new commitments. US President Donald Trump said preventing Iran from having a nuclear weapon outweighs the potential economic consequences of a prolonged war.
|
Asian Indices |
Last Trade |
Change in Points |
Change in % |
|
Shanghai Composite |
4,106.25 |
-56.85 |
-1.37 |
|
Hang Seng |
23,336.28 |
-432.24 |
-1.82 |
|
Jakarta Composite |
6,101.33 |
-15.36 |
-0.25 |
|
KLSE Composite |
1,679.92 |
-20.92 |
-1.23 |
|
Nikkei 225 |
69,788.38 |
-2,565.58 |
-3.55 |
|
Straits Times |
5,205.74 |
1.73 |
0.03 |
|
KOSPI Composite |
8,203.84 |
-910.71 |
-9.99 |
|
Taiwan Weighted |
47,100.65 |
-640.86 |
-1.34 |
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