SINGAPORE — Asia-Pacific markets mostly rose on Tuesday as investors navigated the changing situation in Russia and Ukraine.
Japan’s Nikkei 225 gained 1.68%, while the Topix advanced 1.15%.
In China, the Shanghai composite gained 0.58% and the Shenzhen component advanced 0.37%. Hong Kong’s Hang Seng index dropped 0.33%.
China’s official manufacturing Purchasing Managers’ Index (PMI) and Caixin/Markit Manufacturing PMI will also be released Tuesday.
The S&P/ASX 200 in Australia was up 1.44%. The Reserve Bank of Australia is set to meet on Tuesday, but is only expected to raise rates in the third quarter, according to a Reuters poll.
Elsewhere, South Korea markets are closed for a holiday on Tuesday.
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.43%.
On the earnings front, Chinese tech giant Baidu is expected to announce its fourth-quarter results late in Asia.
Currencies and commodities
Source: CNBC