Chinese shares marginally fell after a mixed set of economic data from ChinaAsian markets settle mostly higher on Tuesday – Latest News
16 Jun 2026
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Asian markets settled mostly higher on Tuesday tracking Wall Street’s gains overnight, with tumbling crude oil prices. US President Donald Trump assured that the Strait of Hormuz will be fully open on Friday, the day the signing ceremony is scheduled for the framework agreement between Washington and Tehran to end their war in the Middle East. Despite concerns over sticky inflation, the US Federal Reserve is widely expected to keep interest rates on hold on Wednesday under new Chair Kevin Warsh. Japan’s Nikkei marginally rose after the Bank of Japan delivered a widely expected 25 basis point rate hike to 1%, the highest since 1995, as it battles inflation caused by the Iran war. However, Chinese shares marginally fell after a mixed set of economic data from China. China’s May data showed industrial output beating expectations at 4.5% but retail sales falling 0.6%, the first decline since the pandemic, as domestic demand and fixed asset investment deteriorated sharply. Meanwhile, Indonesia was closed for Islamic New Year.
|
Asian Indices |
Last Trade |
Change in Points |
Change in % |
|
Shanghai Composite |
4,091.89 |
-4.58 |
-0.11 |
|
Hang Seng |
24,493.95 |
-348.72 |
-1.40 |
|
Jakarta Composite |
— |
— |
— |
|
KLSE Composite |
1,709.99 |
18.60 |
1.10 |
|
Nikkei 225 |
69,404.50 |
87.00 |
0.13 |
|
Straits Times |
5,116.86 |
39.57 |
0.78 |
|
KOSPI Composite |
8,726.60 |
180.62 |
2.11 |
|
Taiwan Weighted |
45,809.19 |
412.20 |
0.91 |
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