Asian equity benchmarks are trading in green on Tuesday, kindled by the firm trend in US Stock markets with the optimism over the global economy will break out as life gradually returns to normal. Decline in covid cases, vaccine rollout and news that president's $1.9 trillion rescue bill is winding its way through Congress have buoyed the market sentiments. The yellow metal and oil prices got lifted with the weaker dollar rates. Japan’s Nikkei is bullish as the country is all set to begin vaccinating selected healthcare workers against Covid-19 next week, and on news about slowing coronavirus infections globally. Shanghai rose as the investors cheered Beijing's latest reform measures for the stock market. Among the other Asian markets, Hong Kong ,Singapore, China, South Korea, Indonesia and Malaysia are in positive note.
Nikkei 225 up by 67.65 points or 0.23% to 29,456.15, Straits Times rose by 2.85 points or 0.10% to 2,934.25, Hang Seng increased by 146.73 points or 0.50% to 29,466.20, KOSPI Index widened 13.41 points or 0.43% to 3,104.65, Jakarta Composite higher by 15.22 points or 0.25% to 6,224.09, Shanghai Composite buoyed by 45.79 points or 1.30% to 3,578.24 and FTSE Bursa Malaysia KLCI lifted by 9.62 points 0.61% to 1,582.95.
