BREAKING: Asian shares open higher following stellar month of gains

Photo: Reuters

SYDNEY/NEW YORK (Reuters) - Asian share markets opened slightly higher on Tuesday buoyed by the prospect of a COVID-19 vaccine, reversing the previous day's dips as investors took profits at the end of a record-breaking month.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.26% on Tuesday after closing the month 9% higher, the best November since 2001. 

Japan's Nikkei and Australia's S&P/ASX 200 were each 0.9% higher, while South Korea was up 1.4%.

China's futures were 0.36% higher, following data on Monday that pointed to a continued recovery in the world's second-largest economy against the backdrop of the COVID-19 pandemic.

MSCI's gauge of stocks across the globe was roughly flat.

Hong Kong's Hang Seng Index futures were down 0.36%, while China's CSI 300 futures were 0.36% higher.

In the United States, the Dow Jones Industrial Average fell 0.91% on Monday while the S&P 500 lost 0.46%.

The tech-heavy Nasdaq Composite ended down 0.06%.

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