The local stock market hit a new high, closing at 4638.97 points on Tuesday | Lianhe Zaobao
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Boosted by the overnight rise in the U.S. stock market, the Asia-Pacific stock markets generally closed higher on Tuesday (December 23). The FTSE Straits Times Index continued to reach new highs, closing up 0.62% or 28.68 points at 4638.97 points. In other Asia-Pacific markets, all closed higher except for slight declines in the Shenzhen and Hong Kong stock markets. Chen Dade, Chief Strategist for Asia at Amundi Wealth Management, expects the index to remain above 4600 points for the remainder of the year
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