Asian Markets: Commodities and automakers boost market


Shares in Asia climbed higher Tuesday with the Nikkei Index adding 0.6 percent to close at 10,077. In Hong Kong, the Hang Seng Index rose 0.8 percent, ending the day at 21,467 and in China, the Shanghai Composite closed at 2,936 – up 1.4 percent.

Japanese steelmakers were buoyed by Goldman Sachs' upgrading of the sector. Nippon Steel Corp. (NISTY) soared 6.2 percent and JFE Holdings Inc. (JFEEF) climbed 4.8 percent. Kobe Steel Ltd. rose 2.5 percent.