Asia Markets: Asian markets rise in cautious trading

Asian stock markets were cautious but mostly in the green in early trading Wednesday as investors held out hope that a weekend meeting between the U.S. and Chinese leaders can ease trade tensions.

Japan’s Nikkei NIK, +1.12% gained 0.8%, helped by so-called domestic-demand companies, which cooled yesterday after recent strength. Consumer products, food and construction companies led the gains, with soap maker Kao 4452, +4.77% up 4.3% and beverage maker Kirin 2503, +1.26% gaining 1.3%. But trade-sensitive sectors such as auto and steel were underperforming even with a weaker yen as metals prices have been sliding of late.

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