Asia-Pacific markets mostly climbed Tuesday, recovering from a sharp selloff in the previous session as investors awaited clarity on U.S. President Donald Trump’s tariff rollout.
In Japan, the Nikkei 225 recovered from Monday’s carnage, gathering 16.92 points to 35,624.48
In Hong Kong, the Hang Seng index regained 87.26 points, or 0.4%, to 23,206.84.
Australian markets showed solid gains Tuesday, after the Reserve Bank of Australia held interest rates at 4.1%, in line with expectations, as the country heads to the polls on May 3.
CHINA
The CSI 300 in mainland China nosed upward 0.37 points to 3,887.68.
China’s Caixin PMI for March came in at 51.2, compared to the 51.1 reading penciled by economists in Reuters’ poll, and slightly higher than the 50.8 reading in the previous month.
In other markets
In Singapore, markets returned from a long weekend. The Straits Times Index took on 0.37 points to 3,887.68.
In Taiwan, the Taiex index rocketed 584.27 points, or 2.8%, to 21,280.17
In Korea, the Kospi moved upward 40.27 points, or 1.6%, to 2,521.39
In New Zealand, the NZX 50 recovered 42.61 points, or 0.4%, to 12,312.61
In Australia, the ASX 200 grew 81.74 points, or 1%, to 7,925.16.
