Asian stocks rose on Tuesday for a second day despite the decline in US stocks today. The positive performance of the Asian stocks is supported by Japanese stocks, which are still affected by the ruling party's victory by a majority of the seats in the Japanese parliament.
US stocks tumbled as investors re-evaluated stocks ahead of earnings results for several companies this week, but Asian stocks were able to consolidate due to Japan's benchmark performance and the yen traded near a three-month low against the dollar.
Japan's Nikkei 225 index gained 0.12% to 26.18 points and reached 21,722.83 points.
Chinese equities advanced today as the CSI 300 index gained 0.57% to 22.33 points and hit 3,953.13. The Shanghai Composite Index rose 0.18% to 6.00 points and reached 3,386.70 points.
Hong Kong's Hang Seng Index fell 0.02% to 5.09 points to 28,300.79. South Korea's Kospi Index rose 0.11% to 2.77 points and reached 2,492.82.
New Zealand's NZX 50 index fell 0.01% to 0.31 points and reached 8,129.24. On the other hand, Australia's S & P / ASX 200 index rose 0.10% to 6.04 points and up to 5,900.00
img credz: pixabay.com
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