Asian markets settled mostly higher on Tuesday
Japanese shares gained after Japan’s core consumer inflation fell below the Bank of Japan’s 2% target in February for the first time in nearly four years
Asian markets settled mostly higher on Tuesday tracking Wall Street’s gains overnight after US President Donald Trump postponed strikes on Iran's power plants for five days, citing what he said were productive conversations with Tehran to end the war. Japanese shares gained after Japan’s core consumer inflation fell below the Bank of Japan’s 2% target in February for the first time in nearly four years, as government subsidies on fuel and utilities offset rising import costs driven by a weak yen and elevated oil prices amid geopolitical tensions. Chinese shares rebounded on reports that China would halve planned fuel price hikes to ease the financial burden on consumers, while PBoC Governor Pan Gongsheng pledged to maintain a supportive policy to foster stable growth and market stability. Indonesian markets remained closed for Idul Fitri Festival holidays.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,881.28 | 68.00 | 1.78 |
| Hang Seng | 25,063.71 | 681.24 | 2.79 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | 1,708.76 | -11.95 | -0.69 |
| Nikkei 225 | 52,252.28 | 736.79 | 1.43 |
| Straits Times | 4,862.43 | 21.13 | 0.44 |
| KOSPI Composite | 5,553.92 | 148.17 | 2.74 |
| Taiwan Weighted | 32,612.24 | -110.26 | -0.34 |
