The Japanese stock market shows some recovery on Tuesday after the substantial loss the day before. Investors raised the hope that China and the United States might resume trade talks. The other Asian stock markets also predominantly improved.
The main index in Tokyo, the Nikkei 225, went up 1 percent on the day at 20,456.08 points. The day before, the index fell by more than 2 percent. Automakers and car parts suppliers in particular were on the rise after President Donald Trump announced that the US will not charge new import tariffs on Japanese cars for the time being. Subaru, which sells a relatively large number of cars in the US, is increasing nearly 5 percent. The makers of auto parts Denso and Aisin Seiki won 0.7 percent and 1.2 percent.
The stock market in Shanghai was 1.3 percent in the plus. At the macroeconomic level, profits from industrial companies in China rose in July, following a fall a month earlier. In Hong Kong, where anti-government protests continue, the Hang Seng index fell 0.3 percent. In Seoul, the Kospi climbed 0.2 percent and the All Ordinaries in Sydney gained 0.4 percent.
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