Investing.com - Asian shares traded mixed on Tuesday with Tokyo and Sydney higher, but China weaker with the markets trading subdued heading into the end of the year.
The Nikkei 225 edged up 0.56%, while S&P/ASX 200 rose 0.52%. But Chinese stocks fell, with the Shanghai composite down 0.70%,and the Shenzhen composite eased 0.20%.
On Tuesday as the Bank of Japan held steady as expected and signaled a slight uptick in the economy. Earlier, the Reserve Bank of Australia on Tuesday in the minutes of its latest board meeting said it is ready to lower the cash rate again, if needed, by assessing the benefits of lower interest rates with potential risks to household balance sheets.
Overnight, U.S. stocks were higher after the close on Monday, as gains in the Telecoms, Technology and Industrials sectors led shares higher.
At the close in NYSE, the Dow Jones Industrial Average rose 0.20%, while the S&P 500 index gained 0.20%, and the NASDAQ Composite index added 0.37%.