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Asian markets were mostly higher in holiday-thinned trading on Tuesday, with some markets in the region closed for holidays.
U.S. futures and oil prices edged higher.
Shanghai’s benchmark led losses in Asia on heavy selling of technology and computer chip-related shares as worries revived over trade tensions with the U.S. and other western countries.
The Shanghai Composite index sank 0.7% to 2,898.88. In Shenzhen, where relatively more high-tech companies are listed, the A-share index lost 1.2%. Semiconductor-related shares fell 2.7% while consumer electronics shares lost 2.4%.
Tokyo’s Nikkei 225 gained 0.2% to 33,305.85. In South Korea, the Kospi added 0.1%, to 2,602.59. Bangkok’s SET rose 0.3%. Taiwan’s Taiex gained 0.8% and the Sensex in Mumbai was up 0.3%.
Markets in Australia and Hong Kong were closed.
Japan’s unemployment rate remained stable at 2.5% in November, according to government data released on Tuesday. The…
