Asian markets traded mixed on Tuesday morning, with gains in Hong Kong, New Zealand, Australia and Singapore, while major indexes in South Korea, Taiwan and Japan declined. Investors remained focused on regional market sentiment and global economic cues during early trade.
Hong Kong’s Hang Seng Index rose 0.53% to 25,810.2, while New Zealand’s NZX 50 gained 1.13% to 12,906.93. Australia’s ASX 200 advanced 0.97% to 8,587.7, and Singapore’s STI moved up 0.63% to 5,028.32. Malaysia’s benchmark index also edged higher by 0.09% to 1,729.3.
On the downside, South Korea’s KOSPI recorded the sharpest fall among major Asian markets, dropping 4.11% to 7,206.77. Taiwan’s market index declined 1.19% to 40,406.84, while Japan’s Nikkei slipped 0.64% to 60,429.76.
Chinese equities also traded lower in early session deals. The Shanghai Composite fell 0.25% to 4,121.199, while the Shenzhen Component dropped 1.29% to 15,330.515. The SGX-CNBC China Growth Index was down 0.39% at 1,703.888.
As of 8:18 AM IST, Asian markets reflected cautious investor sentiment, with selective buying seen in Australia, Hong Kong and Singapore, while technology-heavy and export-linked markets faced pressure.