Asian Market Commentary
Asia markets traded mixed on Tuesday, with markets in Japan and Australia seeing losses after a mixed finish on Wall Street overnight. The Japanese Nikkei 225 was off 0.82 percent, while the Topix fell 0.77 percent.
Across the Korean Strait, the Kospi was higher by 0.41 percent. Australia’s ASX 200 retraced some of the early losses, but was still down 0.49 percent, after being closed for the Easter holiday on Friday and Monday.
Down Under, the financials subindex dropped 1.37 percent, with ANZ down 2 percent, Commonwealth Bank of Australia down 1.38 percent, Westpac off by 1.65 percent and NAB down 0.99 percent.