Asian markets are trading in the green terrain in early deals on Tuesday, despite a flat lead from Wall Street. The mood, however, is somewhat cautious ahead of the Federal Reserve Chairman Janet Yellen's first testimony to the House later in the day. Nikkei, the Japanese stock market is closed for National Foundation Day holiday. Among other markets in the Asia-Pacific region, Hong Kong, Singapore, Indonesia, South Korea and Taiwan are all trading notably higher, while Malaysia and Shanghai are up with modest gains.
Shanghai Composite increased 7.51 points or 0.36% to 2,093.58, Hang Seng surged 343.88 points or 1.59% to 21,923.14, Jakarta Composite strengthened 19.72 points or 0.44% to 4,470.47, KLSE Composite rose 4.32 points or 0.24% to 1,820.46, Straits Times spurted 17.93 points or 0.59% to 3,035.13, Seoul Composite gained 9.94 points or 0.52% to 1,933.24 and Taiwan Weighted was up 37.91 points or 0.45% to 8,429.86.