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Asian Shares Rise

Tokyo, Shares advanced in Asia on Tuesday, the Associated Press reported.
Hong Kong’s Hang Seng gained 1.9% to 29,409.03 and the Nikkei 225 in Tokyo gained 1.4% to 28,633.46. South Korea’s Kospi jumped 2.6% to 3,092.66. In Australia, the S&P/ASX 500 rose 1.2% to 6,742.60. The Shanghai Composite index slipped 1.1% to 3,557.99. India’s Sensex jumped 1.3% and shares rose in most other markets aside from Malaysia and Indonesia.
In other trading, benchmark U.S crude oil lost 7 cents to $52.35 per barrel in electronic trading on the New York Mercantile Exchange. It gave up $1.20 to $52.42 per barrel on Monday.
Brent crude, the international standard, picked up 31 cents to $55.06 per barrel.
The dollar rose to 104.02 Japanese yen from 103.69 yen late Monday. The euro strengthened to $1.2098 from $1.2078.


Source: Saudi Press Agency

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