Asian markets traded mostly higher in early deals on Tuesday
Nikkei surge by 725.11 points or 1.23% to 59,550.00
Asian markets traded mostly higher in early deals on Tuesday, buoyed by the optimism over resolution to the US-Iran war, ahead to a second round of peace talks in Islamabad. Rise in energy stocks with the surge in crude oil rates and rally in tech sector stocks kindled the indices. Japan’s Nikkei surged in the session near its record high with the positive global cues and on Microsoft's 1.6 trillion-yen partnership announcement focused on artificial intelligence.
Nikkei surge by 725.11 points or 1.23% to 59,550.00, Straits Times rose by 10.35 points or 0.21% to 5,014.42, Hang Seng added by 139.93 points 0.53% to 26,501.00, Taiwan weighted climbed by 729.80 points or 1.97% to 37,688.60, KOSPI Index lifted by 149.82 points or 2.41% to 6,368.91, Shanghai Composite increased by 0.36 points or 0.01% to 4,082.49, and FTSE Bursa Malaysia KLCI index widened by 10.21 points or 0.60% to 1,712.51.
On the flip side, Jakarta Composite down by 44.70 points or 0.59% to 7,549.41.
