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Most of the Asian equity benchmarks are trading in green in early deals on Tuesday, following a good bounce on Wall Street overnight. The market sentiments which were boosted after the US and Mexico struck a deal to avoid tariffs being implemented. Japanese Nikkei is trading in the positive lead with the major exporters in firm trend, despite a slightly stronger yen. Among the other Asian markets, Singapore, South Korea, Hong Kong, Taiwan, Indonesia, and Shanghai, are trading higher. Bucking the trend, Malaysia is in negative territory.
Nikkei 225 up 61.66 points or 0.29% to 21,196.08, Hang Seng rose 210.41 points or 0.76% to 27,789.05, Straits Times climped 15.17 points or 0.48% to 3,203.28, Taiwan Weighted higher 40.97 points or 0.39% to 10,607.44, KOSPI Index jumped 6.76 points or 0.32% to 2,106.25 and Shangai was up by 53.31 points or 1.87% to 2,905.44, Jakarta Composite was up by 3.65 points or 0.06% to 6,293.26,
On the flip side, FTSE Bursa Malaysia KLCI down 2.22 points or 0.13% to 1,653.25.