Asian equity benchmarks were trading higher in early deals on Tuesday, rebounded from earlier session losses in line with the strong measures taken by China to contain coronavirus and to buoy the economy. However, gains remained trimmed on fast spreading coronavirus. Japan's Nikkei is advancing with the positive cues from Wall Street and as investors eyed on the January data for monetary base which will release today. Among the Asian markets, Japan, Singapore, Hong Kong, Taiwan, South Korea, Indonesia, Shanghai and Malaysia are in upward trend.
Nikkei 225 up 95.92 points or 0.42% to 23,067.86, Straits Times hiked 37.80 points or 1.21% to 3,154.11, Hang Seng peaked 304.70 points or 1.16% to 26,661.68, Taiwan Weighted enlarged 219.44 points or 1.93% to 11,574.36, KOSPI Index rose 40.92 points or 1.93% to 2,159.80, Jakarta Composite increased by 39.98 points or 0.68% to 5,924.15, Shanghai lifted 5.83 points 0.21% to 2,752.442,734.66, and FTSE Bursa Malaysia KLCI widened 18.69 points or 1.23% to 1,540.64.
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