Asian markets are exhibiting mixed trend in early deals on Tuesday. Overall sentiments remained slightly up-beat after firm US data helped Wall Street bounce from a sharp selloff in recent days. However, persistent signs of slowing growth in China added some anxiety in global markets. Investors also remained cautious as tensions in Ukraine tempered demand for riskier assets. Geopolitical concerns returned to the forefront after pro-Russian separatists ignored an ultimatum to leave occupied government buildings in eastern Ukraine as a threatened military offensive by government forces failed to materialize.
Nikkei 225 rose 118.66 points or 0.85% to 14,028.82, Taiwan Weighted increased by 46.73 points or 0.53% to 8,904.15, Jakarta Composite surged by 8.62 points or 0.18% to 4,873.50 and Straits Times was up by 31.21 points or 0.97% to 3,246.04.
On the flip side, Shanghai Composite declined 16.98 points or 0.80% to 2,114.56, Hang Seng dropped 250.12 points or 1.09% to 22,788.68, KOSPI Composite slipped by 2.92 points or 0.15% to 1,994.10 and KLSE Composite was down by 2.53 points or 0.14% to 1,849.00.