Investing.com - APAC share markets lifted on Tuesday, following a positive session among US benchmarks overnight that saw both the Dow and S&P 500 extending record highs. The Dow Jones Industrial Average grew by 138 points to 38001, while the S&P 500 and Nasdaq increased by 0.2% and 0.3% respectively.
BY 12:25 pm AEDT (1:25 am GMT) S&P/ASX 200 added 0.6%, the KOSPI 200 ticked 0.1% higher and the Nikkei 225 lifted 0.7%.
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Oil prices also saw an increase due to geopolitical tensions in Ukraine and the Middle East.
In the commodity markets, Brent crude oil climbed 1.6% to US$79.84 a barrel, while gold dipped 0.4% to US$2,020.76. The Australian dollar fell slightly to 65.68 US cents from the previous close of 65.95.
Asian markets saw a mixed performance. Chinese shares closed lower with almost all sectors ending in the red, led by software and consumer services. Hong Kong shares also experienced a dip, primarily driven by property, consumer-product, and technology stocks. In contrast, the Nikkei Stock Average in Japan rose 1.6% to 36546.95, its highest level since February 1990. Indian shares ended higher, following Wall Street's gains, with the Sensex rising 0.7% to 71683.23.
European stocks saw an upward trend, fueled by rising crude prices due to ongoing Middle East tensions. The Stoxx Europe 600 and DAX both gained 0.8%, while the FTSE 100 and CAC 40 advanced 0.35% and 0.6% respectively. In the UK, the FTSE 100 index finished 0.35% higher at 7,487.71 points on Monday.