All the Asian counters are trading mostly in the green in early deals on Tuesday amid optimism that global trade tensions are easing after the US and Mexico reached a new trade agreement that is intended to replace the North American Free Trade Agreement. President Donald Trump also indicated the US would soon begin negotiations with Canada, but suggested that any agreement could be a separate deal. Japan’s Nikkei surged to 11-week highs after a trade agreement reached between the United States and Mexico lifted investor risk sentiment and triggered buying in automakers.
Nikkei 225 added 86.77 points or 0.38% to 22,886.41, Hang Seng surged 68.93 points or 0.24% to 28,340.20, Taiwan Weighted soared 79.90 points or 0.73% to 10,982.11, Jakarta Composite spurt 12.37 points or 0.20% to 6,038.34, Straits Times increased 30.81 points or 0.95% to 3,256.43, KOSPI Index added 4.48 points or 0.19% to 2,303.78, Shanghai Composite gained 0.08 points to 2,780.98 and FTSE Bursa Malaysia KLCI was up by 9.10 points or 0.50% to 1,820.70
