Asian markets trade mostly higher in early deals on Tuesday
KOSPI Index added by 20.58 points or 0.50% to 4,126.51
Asian markets traded mostly higher in early deals on Tuesday, as renewed optimism around AI-related shares fuelling a rally on Wall Street. Hopes of further Fed rate cuts and weakness in local currencies of the region also whetted investor sentiments. Hang Seng is trading near its one week high an extended gains for a fifth straight session. South Korea’s KOSPI advanced with the record high export business in 2025.
Straits Times up by 18.02 points or 0.39% to 4,628.31, Hang Seng rose by 74.23 points 0.29% to 25,876.00, KOSPI Index added by 20.58 points or 0.50% to 4,126.51, Taiwan Weighted climbed by 130.76 points or 0.46% to 28,280.40, , and Shanghai Composite jumped by 13.51 points or 0.34% to 3,930.87.
On the flip side, Nikkei 225 down by 17.39 points or 0.03% to 50,385.00, Jakarta Composite dipped by 25.94 points 0.30% to 8,619.90 and FTSE Bursa Malaysia diminished by 1.71 points or 0.10% to 1,669.58.
