Asian Stocks
Asian stocks were seen trading lower on Tuesday, with the stronger yen dragging stocks in Japan lower.
Japan’s benchmark Nikkei 225 index slid 0.59% lower to close at 15,521.22 points, while Tokyo’s Topix index edged 0.45% to 1,285.51 points.
The Japanese yen was seen strengthening against the US dollar at around 103.9 at the time of writing. The Japanese manufacturing company Unitika and the electronic manufacturers Pioneer fell the most during the session, losing 2.17% and 2.05% respectively. While DeNa added 3.7% to 1,324 yen and the construction company Kajima climbed 3.96%.
Hong Kong’s Hang Seng index fell 0.21% to 25,132.59 points at the time of writing and the Chinese mainland Shanghai Composite lost 0.85% to 2,210.33 points.
In China, the steel manufacturing giants Citic Pacific slumped by 2.48%, while China State Construction gave up 2.3% to HK$12.62. On the upside, the oil and gas company Petrochina saw gains, with shares soaring 1.82%.
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The Korean Kospi index rose 0.35% to end at 2,068.05 points, boosted by the gains seen in its blue chips, including Kia Motors.
The Australian benchmark S&P/ASX 200 index gained 0.02% to close at 5,636.20 points.
European Stocks
Stocks in Europe were seen swinging in between losses and gains on Tuesday, with the UK stock market resumes after an extended weekend. Meanwhile, the ongoing tension between Russia and Ukraine remains in the spotlight as the nation’s leaders meet in Belarus to hold talks on how to ease the tension.
The European Euro Stoxx 50 fell 0.13% to 3,158.50 at the time of writing, while the German DAX dropped 0.40% to 9472.00 at the time of writing. At the same time, the French CAC 40 index edged 0.12% lower to 4,336.80, while UK’s benchmark FTSE 100 climbed 0.42% to trade 6,803.80.
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