Asian markets traded mostly higher in early deals on Tuesday, kindled by the technical buying after recent dips. Woes over global trade war ahead to President Donald Trump’s tariff roll-out curtailed hefty position taking. Japan’s Nikkei advanced in the session after the country’s unemployment rate unexpectedly dropped to 2.4% in February, down from 2.5% in the previous month. Hang Seng soared the most among Asian indices, rebounded from a four-week low touched the day before. A private survey showed that factory activity in the mainland grew the most in four months, following Monday's official data that revealed the manufacturing sector expanded at the fastest pace in a year.
Nikkei 225 up by 45.22 points or 0.13% to 35,662.78, Hang Seng surge by 244.38 points or 1.05% to 23,363.96, KOSPI Index increased by 46.28 points or 1.87% to 2,527.40, Taiwan Weighted lifted by 517.19 points or 2.50% to 21,213.09, and Shanghai Composite added by 19.56 points or 0.58% to 3,355.31.
On the flip side, Straits Times down by 7.85 points or 0.20% to 3,964.58.
