Asian Market Roundup Mar 29

China

Chinese stocks closed lower Tuesday amid concerns that the central bank may further beef up liquidity management to cool inflation.

The benchmark Shanghai Composite Index fell 25.93 points, or 0.87 percent, to 2,958.08. The Shenzhen Component Index fell 197.91 points, or 1.54 percent, to 12,677.61.

Hong Kong stocks fell 7.83 points, or 0.03 percent, to close at 23,060.36 on Tuesday.

Japan

Tokyo stocks closed slightly lower Tuesday with the key Nikkei index down 0.21 percent.

The benchmark Nikkei 225 Average fell 19.45 points from Monday to 9,459.08. The broader Topix index was down 7.64 points, or 0.89 percent, to 850.21.

Australia

The Australian share market saw a moderate rise on broad-based gains Tuesday.

The benchmark S&P/ASX 200 index closed up at 22.2 points, or 0.5 percent, at 4755.8, after bouncing from 4721.5 to 4758.3; as the broader All Ordinaries index climbed 19.3 points, or 0.4 percent to 4851.20.