Nikkei up by 295.12 points or 0.47% to 62,713.00Asian markets trade mostly higher in early deals on Tuesday – Latest News
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12 May 2026
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Asian markets traded mostly higher in early deals on Tuesday, kindled by the risk appetite in the market with the optimism surrounding artificial intelligence-related shares and strong earnings from semiconductor companies. Japan’s Nikkei advanced in the session following bets on hawkish stance by the Bank of Japan amidst soaring oil prices and heightened inflation concerns. Softer local currency yen also fuelled gains in export-oriented business of the country.
Nikkei up by 295.12 points or 0.47% to 62,713.00, Hang Seng rose by 82.16 points 0.31% to 26,489.00, Straits Times added by 0.89 points 0.02% to 4,943.66, Taiwan weighted climbed by 397.82 points or 0.95% to 42,187.88, and FTSE Bursa Malaysia KLCI index lifted by 7.28 points or 0.42% to 1,752.59
On the flip side, KOSPI Index tumble by 240.06 points or 3.07% to 7,582.18, Shanghai Composite decreased by 16.15 points or 0.38% to 4,208.87, and Jakarta Composite wilted by 98.49 points or 1.43% to 6,807.13.
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