Asian stock markets edged up Tuesday after Wall Street slid overnight as investors sought new drivers for trading activity.
Tokyo’s Nikkei 225 rose 0.2 per cent to 21,733.10 points and Sydney’s S&P-ASX 200 gained 0.1 per cent to 5,901.10. The Shanghai Composite Index gained 3 points to 3,382.33, reports AP.
Hong Kong’s Hang Seng advanced 6 points to 28,309.44. Seoul’s Kospi added 2 points to 2,492.28 and benchmarks in New Zealand, Jakarta and Kuala Lumpur also rose. Singapore and Manila retreated.
The S&P 500 index lost 0.4 per cent to 2,564.98. The Dow Jones industrial average fell 0.2 per cent to 23,273.96. The Nasdaq composite dropped 0.6 per cent to 6,586.83.
Benchmark US crude gained 4 cents to $51.94 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 6 cents on Monday to close at $51.90.
Brent crude, used to price international oils, added 5 cents to $57.42 in London. It fell 38 cents the previous session to $57.37.
The dollar declined to 113.35 yen from Monday’s 113.43 yen. The euro gained to $1.1764 from $1.1749.