Asian markets settled mostly higher on Tuesday tracking Wall Street’s gains overnight after US President Donald Trump said talks with Iran were continuing at a rapid pace and that a memorandum of understanding with Iran could be reached within the next week. He also said that Israel and Hezbollah had agreed to dial back fighting. Market sentiment was also boosted by continued optimism surrounding artificial intelligence-related investments. However, Japanese shares declined on concerns over rising import costs and regional supply chain exposures. Markets are pricing in roughly a 78% probability that the Bank of Japan will raise interest rates again later this month as inflationary pressures linked to the Middle East conflict continue to build. Meanwhile, investors awaited the slew of US economic data scheduled for release this week, including US job openings data, jobless claims data and Nonfarm Payrolls report. Malaysian market remained close on account of holiday.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 4,075.10 | 17.36 | 0.43 |
| Hang Seng | 26,038.32 | 640.14 | 2.52 |
| Jakarta Composite | 6,195.43 | 68.05 | 1.10 |
| KLSE Composite | -- | -- | -- |
| Nikkei 225 | 66,734.24 | -200.09 | -0.30 |
| Straits Times | 5,097.42 | 59.56 | 1.18 |
| KOSPI Composite | 8,801.49 | 13.11 | 0.15 |
| Taiwan Weighted | 45,557.31 | 219.40 | 0.48 |
