Energy stocks among worst-hit in Asia.

Asian equity markets traded mixed on Tuesday. Energy stocks among worst-hit in Asia. The fall in oil prices overnight kept a lid on risk appetite for PetroChina and Sinopec, which pulled back 0.8 percent. A raft of Chinese data released in the previous trading session showed the world's second-biggest economy slowing but still seeming to avoid the danger of a hard landing.

China's Shanghai Composite index pared early gains to struggle near the flatline by the end of the morning session. Japan's Nikkei 225 recouped some of Monday's losses, helped by buying in shares of financials and mobile phone service providers. Australia's S&P ASX 200 index -0,65%. Banking shares plummeted on the back of news that Australia's government has accepted most recommendations of an inquiry calling for a more comprehensive review of the country's financial industry. Meanwhile, the Reserve Bank of Australia (RBA) saw signs that economic activity was rebalancing toward sectors outside of the struggling mining industry, minutes of its previous policy meeting showed. Gold miner Newcrest Mining crashed down 5.1 percent. The RBA kept interest rates unchanged.

G.Hristov / Head of Fundamental Analyzes