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ECONOMY

Asian stock markets close Tuesday mostly higher

ANKARA

Asia’s major stock markets closed Tuesday with gains, with the exception of China’s Shanghai Stock Exchange.

The Asia Dow, which includes blue-chip companies in the region, gained 0.72% to reach 3,392 points.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, increased 0.76% to 20,485, returning from a long holiday weekend.

Tokyo’s Nikkei 225 stock exchange rose 1.05% to 27,923 points.

China’s Shanghai Stock Exchange, on the other hand, lost 0.05% to 3,313 points.

Inflation in China unexpectedly eased to an 18-month low in March, thanks to a slowdown in both food and non-food costs led by the country’s reopening after a relax in coronavirus measures, according to data released on Tuesday.

Consumer prices climbed 0.7% year-on-year last month, down from February’s reading of 1%, the National Bureau of Statistics said.

India’s Sensex benchmark climbed 0.51% to close at 60,152, while the Singapore index went up by 0.19% to 3,297.83.

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