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Asian markets settle higher on Tuesday

03 Feb 2026 Evaluate
Asian markets settled higher on Tuesday, tracking Wall Street’s gains overnight and easing trade tensions after US President Donald Trump reached a trade deal with India that lowers tariffs and shifts Indian oil purchases away from Russia. The Kospi average soared due to bargain hunting following the previous day's plunge. Japan’s Nikkei surged amid strong earnings from the technology and finance sectors, and as polls showed Prime Minister Sanae Takaichi's party is headed towards a landslide victory in the House of Representatives election on Sunday. Chinese shares rallied, supported by stabilized sentiment in global metals markets and positive economic signals from both domestic manufacturing data and strong US factory activity.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,067.74

51.99

1.29

Hang Seng

26,834.77

59.20

0.22

Jakarta Composite

8,122.60

199.87

2.46

KLSE Composite

1,748.26

7.38

0.42

Nikkei 225

54,720.66

2,065.48

3.92

Straits Times

4,944.09

51.82

1.06

KOSPI Composite

5,288.08

338.41

6.84

Taiwan Weighted

32,195.36

571.33

1.81

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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