Modest upswing on Asian markets after Trump's inauguration

There were cautiously positive tones on the leading Asian stock exchanges, the first morning with Donald Trump as re-elected American president.

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Modest upswing on Asian markets after Trump's inauguration
Photo: Eugene Hoshiko/AP/TT

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Analysts have disagreed about the effect of the inauguration: Some believe it would inject optimism into the global markets, while others think the threat of tariffs would dampen the Asian economies.

The concern about the effects of Trump's China policy has, however, eased somewhat, since both sides have promised to work towards improved relations.

By lunchtime on Tuesday, Japan's important Nikkei 225 had risen 0.2 percent, while the broader Topix index was hovering just below zero.

The composite indexes of Shanghai and Shenzhen were both up 0.2 percent. Hong Kong's Hang Seng index was up 1 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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