Most of the Asian equity benchmarks are trading higher on Tuesday, as the positive comments from President Donald Trump and Chinese Vice Premier Liu He ignited optimism that the world's two biggest power nations might sign the first phase of a trade deal by the middle of November. The strong corporate results reported last week also boosted market sentiments. The Japanese market is closed for a holiday. Among the other Asian markets, Hong Kong, Singapore, Taiwan, and South Korea are in positive lead. However, Indonesia, Shanghai, and Malaysia are in negative territory.
Straits Times added 25.09 points or 0.80% to 3,164.24 Hang Seng up 40.07 points or 0.15% to 26,765.75, Taiwan Weighted rose 54.11 points or 0.48% to 11,238.26, KOSPI Index enlarged 24.05 points or 1.16% to 2,088.89.
On the flip side, Jakarta Composite narrowed by 14.39 points or 0.23% to 6,184.60, Shanghai down 2.63 points 0.09% to 2,936.99, and FTSE Bursa Malaysia KLCI contracted 2.58 points or 0.16% to 1,568.35.
