The Asian equity benchmarks are trading mixed in early deals on Tuesday. Wall Street was closed overnight for the Memorial Day holiday. Japanese market is in positive lead amid optimism after President Donald Trump visited Japan. Trump avoided remarks that could increase tensions about US trade issues with Japan and instead, praised the strong bilateral ties between the two countries, boosting investor sentiment. Crude oil prices rose high in the Asian trade. Among the other Asian markets, Shanghai, South Korea and Hong Kong are in positive lead. Bucking the trend, Taiwan, Singapore, Indonesia and Malaysia are in negative territory.
Nikkei 225 up 96.64 points or 0.46% to 21,279.22, Shanghai Composite enlarge by 25.74 points or 0.89% to 2,918.12, KOSPI Shares rise 2.33 points or 0.11% to 2,046.54, and Hang Seng jumps 134.89 points or 0.49% to 27,422.98, and FTSE Bursa Malaysia KLCI enlarge by 7.92 points or 0.49% to 1,609.27.
On the flip side, Straits Times dip by 6.17 points or 0.19% to 3,164.60, Taiwan Weighted lower by 4.00 points or 0.04% to 10,330.13,and Jakarta Composite dip 17.23 points or 0.28% to 6,081.74.
