Japan stocks set for positive start as Wall Street hits new highs; Brent crosses $60 per barrel

SectorFinancial Markets
CountryMiddle east

SINGAPORE — Stocks in Asia-Pacific were mixed in Tuesday morning trade following overnight gains on Wall Street that saw the major indexes rallying to record closing highs. In Japan, the Nikkei 225 rose 0.20% in early trade while the Topix index was near the flatline. South Korea's Kospi rose 0.85%. Shares in Australia lagged as the S&P/ASX 200 fell 0.20%. Shares of oil companies in Asia-Pacific advanced, with Australia's Santos up 1.49% and Woodside Petroleum gaining 0.74%. Japan's Inpex also rose 1.43%. The moves came after international benchmark Brent crude futures rose above $60 per barrel for the first time in more than a year. ...read more...