Asian markets resume northward journey

Resuming their northward journey after a day of break, all the Asian equity indices, barring Jakarta Composite, ended the session in the green terrain on Tuesday, tracking a higher finish on Wall Street overnight and better-than-expected results from Alcoa Inc. Back on regional turf, Chinese Shanghai Composite rose after a choppy session as investors digested data showing an increase in consumer prices. The nation’s June consumer prices in China rose 2.7 per cent from the year-earlier month, while producer prices continued to deflate for the 16th straight month, dropping 2.7 per cent. Moreover, Seoul shares ended with a decent gain of 0.75 percent as market heavyweight Samsung Electronics Co bounced from a 10-month closing low in the previous session, and shares in Asiana Airlines Inc recovered some ground following its aircraft's crash-landing in San Francisco.