Asian stock markets close Tuesday on high note except for China

By Tuba Sahin

ANKARA (AA) - Major Asian stock markets closed on Tuesday in positive territory except for China, as hope for progress in peace talks between Russia and Ukraine has fueled risk appetite.

Delegations from Russia and Ukraine held a fresh round of peace talks in Istanbul on Tuesday to end the war which has continued for over a month.

The Asia Dow, which includes blue-chip companies in the region, rose 41 points, or 1.14%, to 3,640 points at 1026GMT.

Tokyo's Nikkei 225 stock exchange jumped 308 points, or 1.10%, to close Tuesday at 28,252 points amid the dovish stance of the Bank of Japan.

The Hang Seng, the benchmark for blue-chip stocks trading on the Hong Kong stock exchange, gained 205 points, or 0.95%, to 21,890.

India's Sensex benchmark climbed 350 points, or 0.61%, to end the day at 57,943.

The Singapore index was marginally up by 1.91 points, or 0.06%, to 3,433.

On the other hand, China’s Shanghai Stock Exchange slipped 10.6 points, or 0.33%, to finish at 3,203 points as the country imposed a COVID-19 lockdown in its financial hub.