Asia Markets: Asian markets add on to Monday’s gains

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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