Asian stocks ticked up in lackluster trade
|Stock markets across Asia ticked higher in lackluster trade on Tuesday in the absence of a major market moving, macroeconomic events.
Weak Aussie supports S&P/ASX 200
Australia’s benchmark equity index S&P/ASX 200 rose 0.60% or 34 points after the horribly weak Australia Q3 GDP figure triggered a sell-off in the Australian dollar.
Japan’s Nikkei index inched higher by 0.4% as the Dollar-Yen pair held above 114.00 levels. Shanghai Composite index traded flat. The positive action in the Asian equities failed to lift the US index futures.
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