SINGAPORE — Shares in Asia-Pacific rose in Tuesday morning trade as investors continue to monitor the situation surrounding the omicron Covid variant.

Regionally, Japanese stocks led gains with the Nikkei 225Japan saw a rise of 1.39%, while Topix rose 1.19%. South Korea KospiIt grew by 0.58%

As the morning trading began, shares in Australia rose as shares in Australia. S&P/ASX 200Gained 0.13%

The MSCI’s largest index of Asia-Pacific shares, outside Japan, traded 0.2% lower.

The situation surrounding the Omicron variant will be closely monitored by investors. cast a shadow over the festive holiday periodAs curbs have been implemented in many countries throughout Europe,

As investor fears about the rapid-growing omicron strain caused concern, global stock markets plunged Monday

The major averages fell more than 1% overnight in the US due to uncertainty surrounding omicron. The Dow Jones Industrial Average fell 433.28 points, or 1.23%, to 34,932.16 while the S&P 500 shed 1.14% to 4,568.02. The Nasdaq Composite fell 1.24%, to 14,980.94.

It U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.551 — off levels above 96.6 seen recently.

It Japanese yenThe dollar traded at 113.65 dollars, higher than the levels of 114 last week. The Australian dollarWas at $0.711, still trying to recover from last week’s drop of above $0.72.