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21-Sep2018

All Asian markets trade in green in early deals on Friday

All of the Asian markets are trading in green in early deals on Friday, following the record highs overnight on Wall Street's S&P 500, while the US dollar weakened as worries about trade tensions eased. Meanwhile, the Japanese stock market is advancing amid the positive cues from Wall Street and on a weaker yen. Investors also digested upbeat Japan manufacturing data. A preliminary version of Japan's monthly purchasing managers' index showed factory activity accelerated in September. The PMI rose to a three-month high of 52.9 from Augusts' 52.5 on a 100-point scale. The measure of new export orders rose to a four-month high.

Nikkei 225 rose 224.12 points or 0.94% to 23,899.05, Hang Seng surged 255.86 points or 0.92% to 27,733.53, Shanghai Composite spurt 26.77 points or 0.97% to 2,756.01, Taiwan Weighted jumped 106.60 points or 0.97% to 10,938.01, Straits Times gained 31.31 points or 0.97% to 3,211.74, Jakarta Composite added 4.05 points or 0.07% to 5,935.32, KOSPI Index increased 9.49 points or 0.41% to 2,332.94, and FTSE Bursa Malaysia KLCI up by 7.49 points or 0.42% to 1,811.19.


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