Most of the Asian equity benchmarks are trading higher on Tuesday, following Wall Street's lead amid reports that Trump administration denied the likelihood of potential new US restrictions on Chinese investment. Wall Street settled a volatile quarter on a positive note, while China and Hong Kong began a week-long break to celebrate the National Day. Japan's Nikkei is advancing as investors shrugged off a Japanese survey that showed business confidence continued falling. Among the other Asian markets, Singapore, Taiwan, South Korea, and Malaysia are in positive lead. Bucking the trend, Indonesia is trading lower.
Nikkei 225 up 144.20 points 0.66% to 21,900.04, Straits Times widened 32.82 points or 1.05% to 3,152.81, Taiwan Weighted enlarged 113.31 points or 1.05% to 10,942.99, KOSPI Index increased 9.33 points or 0.45% to 2,072.38, and FTSE Bursa Malaysia KLCI rose 2.08 points 0.13% to 1,585.99.
On the flip side, Jakarta Composite reduced by 7.44 points or 0.12% to 6,161.66.
