Mubasher: Asian share indexes rose at the end of Tuesday’s trading, supported by stimulus decisions in China.
China's central bank, the People's Bank of China, on Monday reduced cash reserve rate required by commercial banks by 0.5%, starting from today for the first time this year.
The Nikkei index rose 0.4% to 16,085 points.
The broader TOPIX index climbed 0.2% to 1300 points.
Shanghai Composite index inched up 1.7% to 2733.17 points.
China’s purchasing managers’ index outside industrial sector fell to 52.7 from 53.5 in January, according to official survey published today by the National Bureau of Statistics of China.
