Global
6 years ago

Asian stock markets see higher in cautious trade

File Photo (Collected)
File Photo (Collected)

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Asian share markets were rose slightly on Tuesday following a holiday for US markets as investors looked ahead to American corporate earnings.

Investors are watching for the impact of Washington's latest tax changes on US companies as earnings season for the final quarter of 2017 gets into full swing.

The Shanghai Composite Index rose 0.3 per cent to 3,420.80 and Tokyo's Nikkei 225 added 0.8 per cent to 23,905.40. Hong Kong's Hang Seng gained 1.3 per cent to 31,751.60.

Seoul's Kospi advanced 0.4 per cent to 2,513.51. India's Sensex added 0.1 per cent to 34,873.21. Markets in New Zealand, Taiwan and Southeast Asia also gained.

Sydney's S&P-ASX 200 shed 0.4 per cent to 6,056.20, according to AP.

Benchmark US crude rose 20 cents to $64.50 per barrel in electronic trading on the New York Mercantile Exchange. The contract advanced 50 cents to $64.30 on Monday.

Brent crude, used to price international oils, shed 26 cents to $70.00 in London. It gained 39 cents the previous session to $70.26.

The dollar gained to 110.93 yen from 110.51 yen. The euro slipped to $1.2264 from $1.2266.

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