Majority of Global stocks rise after bank sale underpins investor confidence

Majority of the Global stocks on Tuesday rose while the US dollar eased after a deal backed by the U.S. regulator for First Citizens BancShares to buy up Silicon Valley Bank helped alleviate some of the recent concern about the health of the banking sector. However, share markets traded in narrow range as investor showed cautious approach.
 
South-East Asian markets logged gains except China's Shanghai Composite slipped marginally by 0.2 percent. Hong Kong's Hang Seng and South Korea's Kospi, both climbed 1.1 per cent. Singapore's Straits Times was up 0.5 per cent and Japan's Nikkei-225 rose 0.2 percent.
 
European Markets were trading marginally up in intra-day trade. Germany's DAX, France's CAC-40 and London's FTSE-100 were trading around 0.1 percent up when reports last came in. 

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