Asian stocks mostly higher; Nikkei up 0.5%

Asian markets were mostly higher on Tuesday as traders digested better-than-expected industrial output data from Japan and worse-than-expected data from South Korea.

The Nikkei 225 was up 0.49 percent after trading flat earlier in the session, while in South Korea, the Kospi climbed 0.39 percent.

South Korea saw industrial activity in April slow by 1.3 percent on-month, the second straight month of declines, coming in worse than a Reuters forecast for a 0.2 percent decline. The service sector output rose by 0.5 percent in the same period.

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Posted in: Indian Market Tips