DHAKA: Japanese markets traded higher on Tuesday, as a recent rally in the yen tapered off overnight.

At the open, Japan’s benchmark Nikkei 225 index rose 0.88% or 139.26 points to 15,890.39, reports the BBC.

The Japanese yen dipped to 108.20 against the US dollar from 107.94 in the earlier US session.

Shares in the car manufacturer Toyota rose 2.25% at the open, after several days of losses, with rival Nissan also seeing shares climb.

A cheaper yen makes Japanese goods cheaper and more competitive, and is generally seen as a boost for export-related companies.

In South Korea the benchmark Kospi opened up 0.29% or 5.8 points to 1,976.17.

Over in Australia the S&P ASX 200 also rose, up by 0.24% to 4,943.39.

Markets in Hong Kong followed the trend, the benchmark Hang Seng edged up 0.18% at the open to 2,817.63.

But Chinese markets have opened lower. The Shanghai composite index was down by 4 points or 0.15% to 3,029.

BDST: 1250 HRS, APR 12, 2016
RR