Most of the Asian equity benchmarks are trading higher in the early deals on Tuesday, rebounding from previous session losses despite lingering worries about global economic slowdown and mixed cues from wall street. Japanese stocks also led gains, with shares of robot maker and index heavyweight, while the yen dipped as a risk-on tone took hold. Meanwhile, safe-haven fund inflows ensured some gains to the dollar against high-yielding currencies.
Nikkei 225 up 455.36 points or 2.17% to 21,432.47, Hang Seng increased 40.95 points or 0.14% to 28,564.30, Straits Times climbed 25.01 points or 0.79% to 3,207.93, Taiwan Weighted up 46.20 points or 0.44% to 10,525.68, KOSPI Shares increased 6.98 points or 0.33% to 2,151.84, Jakarta Composite rose 61.11 points or 0.95% to 6,472.36, and FTSE Bursa Malaysia KLCI jumped by 0.95 points or 0.06% to 1,650.10.
On the flip side, Shanghai Composite dipped by 30.13 points or 0.99% to 3,012.90,
