Most of the Asian markets are trading slightly higher in early deals on Tuesday as investors looking for fresh triggers amid slight uncertainty about the near-term outlook capped the gains. The Japanese stock market is trading higher lifted by a weaker yen, which slipped to its lowest level since 2008. The global forecast for the Asian markets remains unclear amid a lack of catalysts and a quiet day on the geopolitical front. Among other markets in the Asia-Pacific region, Taiwan, Shanghai, Singapore and Malaysia are up marginally, while Indonesia is trading weak. Markets in Hong Kong and South Korea are closed today.
FTSE Bursa Malaysia KLCI increased by 0.42 points or 0.02% to 1,871.51, Nikkei 225 added by 68.72 points or 0.44% to 15,773.83, Taiwan Weighted gained by 27.30 points or 0.29% to 9,435.05 and Straits Times was up 7.47 points or 0.22% to 3,342.66.
On the flip side Jakarta Composite tumbled by 32.96 points or 0.63% to 5,213.52 and Shanghai Composite was down by 2.70 points or 0.12% to 2,323.73.