Most of the Asian equity benchmarks are trading higher in early deals on Tuesday, followed by the optimism as US stock market firmed up after White House trade advisor Peter Navarro's clarification that the US-China trade deal remains in place. Oil stocks are in higher note followed by the surge in crude oil rates overnight. Japan's Nikkei is in positive territory with stronger exporters, though yen gained. Among the Asian markets, Japan, Singapore, Hong Kong, South Korea and Taiwan are in positive side. Bucking the trend, Indonesia, China and Malaysia are trading lower.
Nikkei 225 up by 209.53 points, 0.93% to 22,646.80, Straits Times rose by 5.75 points or 0.22% to 2,635.44, Hang Seng slipped by 250.43 points or 1.02% to 24,761.77, KOSPI Index contracted by 11.05 points or 0.52% to 2,137.78 and Taiwan Weighted added 19.50 points or 0.17% to 11,592.43,
On the flip side, Jakarta Composite widened by 11.92 points or 0.24% to 4,906.91, Shanghai hiked 0.63 points or 0.02% to 2,964.64 and FTSE Bursa Malaysia KLCI lower by 14.87 points or 0.98% to 1,496.37.
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