Chinese stocks were lower in early trading on Tuesday, with the yen falling to its lowest level against the dollar in a year.
However, after 8 a.m. Finnish time, mainland China’s CSI 300 index had risen by 0.2 percent. Hong Kong’s Hang Seng index was also falling earlier, but was up 0.8 percent at the time of the review.
The turn in the stock markets followed the news that the annual economic conference of China’s decision-makers will start on Wednesday next week. Financial goals for next year are expected from the conference and new means of revitalization are hoped for.
Taiwan’s Taiex was up 1.3 percent. At the top of the rise were the ten percent rising sportswear manufacturer Johnson Health Tech and a web technology company Azurewave Technologies. Semiconductor manufacturer TSMC was up 1.9 percent.
In Japan, the Nikkei 225 index was up 2.1 percent and the Topix was up 1.6 percent. At the top of the rise were, among others, electrical and electronic equipment manufacturers Furukawa Electric (+7.0%) and manufactures precision tools especially for the semiconductor industry Disco Corp (+6,7 %).
South Korea’s Kospi index was up 1.8 percent, Australia’s S&P/ASX 200 index was up 0.6 percent.
The future of the Euro Stoxx 50 index was up 0.4 percent at the time of the review. On Wall Street, the futures of the S&P 500 and Nasdaq 100 indices were in a gentle rise, while the Dow Jones was in a gentle decline.