Updated on
Summary
A mixed trend was witnessed in Asian stocks on Tuesday. Japanese shares ended mixed with the key Nikkei index losing 0.29 per cent on European debt concerns amid growing speculation about a possible bailout of Portugal, dealers said. The headline Nikkei index at the Tokyo Stock Exchange fell 30.36 points to 10,510.68 but the Topix index of all first section shares edged up 0.06 per cent, or 0.52 points, to 926.94.Chinese shares closed up 0.44 per cent as heavyweight banks and property stocks rebounded from the previous session?s sell-off, dealers said. The Shanghai Composite Index, which covers both A and B shares, was up 12.24 points at 2,804.05 on turnover of 94.5 billion yuan (S$18.4 billion).Hong Kong shares gained 0.99 per cent as bargain-buyers stepped in following two days of losses. The benchmark Hang Seng Index ended 233.08 points higher at 23,760.34 on turnover of HK$71.71 billion (S$12 billion).
