06:37 AM EDT, 06/25/2024 (MT Newswires) -- Asian stock markets traded choppily Tuesday, as traders hunted for values while putting tech issues on pause.

Hong Kong and Tokyo finished in the green, but Shanghai fell back. Other regional exchanges were largely higher, with Mumbai's Sensex index striking a fresh record high.

In Japan, the Nikkei 225 opened evenly and rose to the close, finishing up 1% as traders bought into stocks with strong fundamentals in revenues and earnings. A soft yen aided export issues.

The benchmark Nikkei 225 rose 368.50 to 39,173.15, as gaining issues outnumbered losers 197 to 28.

Heavy machinery maker IHI led the upside, up 9.7%, while semiconductor manufacturing equipment maker Disco declined 5.5%.

In Hong Kong, the Hang Seng Index opened higher and held ground, finishing up 0.2% on strength in property issues.

The broad gauge Hang Seng rose 45.19 to 18,072.90, as gaining issues outnumbered losers 50 to 30. The Hang Seng TECH Index lost 0.6%, but the Mainland Properties Index rose 1.2%.

Leading the upside was China Mengniu Dairy, gaining 4.5%, while Semiconductor Manufacturing International lost 4.3%.

On the mainland, the Shanghai Composite fell 0.4% to 2950.01.

On the other regional exchanges, the S. Korean KOSPI rose 0.4%; the Taiwan TWSE inclined 0.9%; the Australian ASX 200 inclined 1.4%; the Singapore Straits Times Index rose 0.4%, and the Thai Set inclined 0.2%. In late trading in Mumbai, the Sensex closed up 0.9% to 78,053.52, posting a new record.