Asian markets settle higher on Tuesday
Japanese shares gained tracking gains on Wall Street overnight
Asian markets settled higher on Tuesday on renewed hopes of US-Iran talks, after US President Donald Trump indicated that Iranian officials reached out to resume discussions following the breakdown of weekend talks. Meanwhile, oil prices have pulled back from their recent highs, easing global inflation concerns and supporting the outlook for energy-importing economies. Japanese shares gained tracking gains on Wall Street overnight, but experienced volatility amid uncertainty surrounding the Bank of Japan’s upcoming April 28 policy meeting. Chinese shares rose, despite official data showing that China’s annual export growth slowed sharply to a five-month low of 2.5% in March (reaching $321.03 billion), while imports surged 27.8% to $269.9 billion.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 4,026.63 | 38.07 | 0.95 |
| Hang Seng | 25,872.32 | 211.47 | 0.82 |
| Jakarta Composite | 7,675.95 | 175.76 | 2.29 |
| KLSE Composite | 1,688.12 | 7.60 | 0.45 |
| Nikkei 225 | 57,877.39 | 1,374.62 | 2.43 |
| Straits Times | 5,007.57 | 23.40 | 0.47 |
| KOSPI Composite | 5,967.75 | 159.13 | 2.74 |
| Taiwan Weighted | 36,296.12 | 838.83 | 2.37 |
