Asia Markets: Asian markets add on to Monday’s gains Asia Markets: Asian markets add on to Monday’s gains
This post was originally published on this site Asian markets rose modestly in early trading Tuesday, adding on to Monday’s big gains as encouraging... Asia Markets: Asian markets add on to Monday’s gains
This post was originally published on this site

Asian markets rose modestly in early trading Tuesday, adding on to Monday’s big gains as encouraging economic data from China tempered fears of a global economic slowdown.

Japan’s Nikkei NIK, +0.31%   rose 0.3% and Hong Kong’s Hang Seng HSI, +0.12%   gained 0.2%. The Shanghai Composite SHCOMP, +0.23%   advanced 0.3% while the smaller-cap Shenzhen Composite 399106, +0.45%   rose 0.3%. South Korea’s Kospi SEU, +0.24%   was up 0.2%, while benchmark indexes in Taiwan Y9999, +0.51%  , Singapore STI, +0.35%   and Indonesia JAKIDX, -0.19%   all gained. Australia’s S&P/ASX XJO, +0.45%   200 rose 0.5%

Among individual stocks, robotics maker Fanuc 6954, +3.67%   gained in Tokyo trading, as did Honda 7267, +1.24%  , while SoftBank 9984, -1.38%   and Sony 6758, -0.97%   fell. In Hong Kong, casino operator Galaxy Entertainment 0027, +2.91%   and tech giant Tencent 0700, +0.44%   rose, while oil producer CNOOC 0883, -1.61%   declined. Samsung 005930, +1.44%   rose in Korea, and Apple Inc. AAPL, +0.68%   component maker Foxconn 2354, +1.41%   advanced in Taiwan. Fortescue Metals FMG, +3.10%   and Beach Energy BPT, +2.15%   rose in Australia.

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