Tokyo, Japan (BBN)-Asian shares traded higher on Tuesday, recovering from Monday’s losses, as Wall Street’s positive close boosted investor confidence.
US stocks ended three days of losses overnight as investors moved past concerns that the terrorists attacks in Paris could create instability for the global economy, reports BBC.
Energy shares were among the winners as the price of crude oil rebounded.
Japan’s benchmark Nikkei 225 index was up 1.4 per cent to 19,659.19 on a weaker yen.
The US dollar was also stronger on the expectations of an interest rate increase by the Federal Reserve in December.
The dollar stood near a one-week high, at 123.28 yen from 123.18 in New York trade.
In China, the Shanghai Composite was up 1 per cent to 3,643.65, while Hong Kong’s Hang Seng index was higher by 1.5 per cent to 22,336.24.
Australia’s S&P/ASX 200 index was up 1.3 per cent to 5,069.20, while South Korea’s Kospi index rose 0.9 per cent to 1,960.96 in morning trade.