Asian stocks start the second session of the week and the current quarterly quarter in all positive
Asian stocks opened mixed today, adding to the gains made this week and the current quarter. Japanese and Australian stock indices, as well as the New Zealand and South Korea's Kospi, saw gains on Tuesday. Chinese equities and Hong Kong's Hang Seng Index have seen negative stability.
Investors are now looking at the Bank of Australia's monetary policy decisions and guidelines and the Reserve Bank of Australia has released its interest rate statement, amid expectations that short-term interest rates will remain at 1.50% for the 29th consecutive meeting, Annual Australian Government Annual Budget by the Australian Treasury.
We note that the markets are optimistic that the trade talks between the United States and China, which are expected to resume this week in Washington, will continue as part of efforts by both sides to avoid a trade war between the world's biggest economies. Of concerns about the slow pace of global economic growth have fueled risk appetite in global markets.
Japan's top Nikkei 225 index gained 0.31% to gain 65.80 points to 21,574.83. The Nikkei 225 index gained 0.31 points to close at 1,616.18.
On the other hand, the CSI 300 index shed 0.44%, shedding 17.36 points to reach 3,956.57. The Shanghai index fell 0.13% and the other lost 4.08 points to reach 3,166.28.
Hong Kong's Hang Seng Index shed 0.06%, shedding 19.13 points to 29,542.89. South Korea's Kospi rose 0.24% to 5.10 points to 2,173.38.
To the New Zealand NZX 50 index, which rose 0.68% to 67.12 points to 9,921.03. On the other hand, Australia's S & P / ASX 200 index gained 0.46% to gain 28.74 points to reach the level of 6,245.70.