Most of the Asian equity benchmarks are trading up in the early deals on Tuesday following a holiday for US markets as investors looked ahead to American corporate earnings. The Japanese market is rising and the yen eased slightly against the US dollar in the absence of fresh cues overnight from Wall Street. Among the other Asian markets, Indonesia, Taiwan, South Korea, Hong Kong, Singapore and Shanghai are higher. Bucking the trend, Malaysia is in negative territory.
Nikkei 225 rose 179 points or 0.75% to 23,893.88, Straits Times added 2.03 points or 0.06% to 3,538.44, Hang Seng gained 412.73 points or 1.32% to 31,751.60, Jakarta Composite spurt 26.72 points or 0.42% to 6,408.91, Shanghai Composite increased 10.31 points or 0.3% to 3,420.80, KOSPI Index strengthen 9.42 points or 0.38% to 2,513.15, and Taiwan Weighted was up by 7.22 points or 0.07% to 10,963.53.
On the flip side, FTSE Bursa Malaysia KLCI was down by 4.11 points or 0.23% to 1,821.80.
