Shares in Australia rose after six straight days of losses, in a broad equities rebound in the region Tuesday, as investors shook off concerns about Chinese growth.
The S&P/ASX 200 rose 1.1% XJO, +1.42% , while Hong Kong’s Hang Seng Index HSI, +1.03% gained 1.4% and South Korea’s Kospi edged 0.5% higher.
The Shanghai Composite Index SHCOMP, -0.46% was roughly flat.
Japan’s market is closed for a holiday.
Earlier Tuesday, Australia’s central bank kept its cash rate target unchanged at a record low of 2.0%, as expected, citing firmer prospects for economic growth.
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