Asian markets were higher on Tuesday where all Asian main indices ended today’s session in the green while, the Japanese Primary Benchmark led the market.
The mainland Chinese market rose for the second session in a row after its one-week holiday. The Shanghai Composite rose by 0.68 percent or 17.91 to close at 2,671.89 supported by the gains in all sectors. Moreover, DJ Shenzhen also added 1.20 percent or 4.45 points to end at 373.70.
Hong Kong shares ended today’s trading session in the green with Hang Seng climbing 0.10 percent or 27.49 points to end higher at 28,171.33 supported by the gains in its Healthcare, Consumer Non-Cyclicals and Utilities sectors.
Furthermore, South Korean’s KOSPI also closed today’s session on green notes with 0.45 percent to finish higher at 2,190.47 held by the gains in the Technology, Industrials and Consumer Cyclicals sectors.
Japanese Stock Market:
Japanese stocks also rose on Tuesday where the main Japanese benchmark added 2.61 percent or 531.04 points to end higher at 20,864.21 boosted by the gains in all sectors expect for Energy shares as they dropped by 1.40 percent
Regarding individual stocks, Taiyo Yuden Co Ltd surged in today’s trading session by 20.20 percent to settle higher at 2,380 at the close after the firm announced that its net profit rose by 58.1 percent for the third quarter higher than the expected by 30 percent. The Haseko Corp was the second best performer as its stock gained more than 15 percent to end up in the green as the firm raised its EPS expectations from 178.22 to 191.67.
On the other hand, JXTG Holdings Inc, and Sumitomo Osaka Cement Co were the worst performers in today’s session as they fell by 4.93 percent and 4.87 percent respectively to end the session lower.
In the Forex market, the Japanese Yen fell against the U.S. Dollar to trade at 110.50 USDJPY at 11:00 GMT.
Australian Stock Market:
Australia’s main index S&P/ASX200 ended the session in the green territory, as the index advanced by 0.30 percent or 18.30 points to end the session at 6,079.10 supported by the gains in all industries.
In corporate news, Pact Group Holdings Ltd was the worst performer in today’s trading session after dropping 9.67 percent on the back of news that the firm expects to recognize Non-Cash Impairment charges in range of 310M to 340M AUD. The share of Estia Health Ltd was the second worst performer after it fell by 3.60 percent.
Meanwhile, Ausdrill Ltd was the best performer in the market and in its sector, as its shares rose by 7.19 percent to settle at 1.565 at the close.
In the currency market, the Aussie rose against the U.S. Dollar to trade at 0.70835 AUDUSD at 11:00 GMT.
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