Asian shares showed mixed trend in early deals on Tuesday amid weak cues overnight from Wall Street amid geopolitical tensions between Saudi Arabia and the international community. Meanwhile, the Japanese market is higher, with a weaker yen lifting shares of exporters. Though, the Chinese market fell after the government reported that inflation rose for the fourth straight month. Among the other Asian markets, Singapore, Hong Kong, and South Korea are lower. Bucking the trend, Taiwan, Indonesia and Malaysia are in positive territory.
Nikkei 225 added 72.81 points or 0.33% to 22,344.11, FTSE Bursa Malaysia KLCI gained 0.80 points or 0.05% to 1,729.54, Taiwan Weighted increased 9.93 points or 0.10% to 9,911.05, and Jakarta Composite up by 13.48 points or 0.23% to 5,740.74.
On the flip side, Shanghai Composite dipped 3.86 points or 0.15% to 2,564.24, Hang Seng slipped 48.87 points or 0.19% to 25,396.19, Straits Times contracted 12.31 points or 0.41% to 3,033.66, and KOSPI Shares down by 0.67 points or 0.03% to 2,144.45.
