SINGAPORE — Shares in Asia-Pacific rose in Tuesday morning trade, with shares in Japan leading gains among the region’s major markets.
In Japan, the Nikkei 225 jumped 2.33% in morning trade, partially recovering from its more than 3% tumble on Monday. The Topix index gained 2.53%.
Mainland Chinese stocks edged higher as the Shanghai composite gained about 0.4% while the Shenzhen component rose fractionally. Hong Kong’s Hang Seng index fell slightly.
South Korea’s Kospi advanced 0.54%. Over in Australia, the S&P/ASX 200 gained 1.34%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.26% higher.
Overnight on Wall Street, the Dow Jones Industrial Average jumped 586.89 points to 33,876.97. The S&P 500 also rose 1.4% to 4,224.79 while the Nasdaq Composite advanced 0.79% to 14,141.48.
Currencies and oil
The Japanese yen traded at 110.24 per dollar, weaker than levels below 110 seen against the greenback yesterday. The Australian dollar changed hands at $0.7519, still off levels above $0.768 seen last week.
Oil prices were mixed in the morning of Asia trading hours, with international benchmark Brent crude futures about 0.1% higher at $74.99 per barrel. U.S. crude futures sat fractionally lower at $73.60 per barrel.