Breaking News

You are here » Indian-Commodity  :  International & World Stock  :  Asian markets trade higher in early deals on Thursday

29-Sep2016

Asian markets trade higher in early deals on Thursday

Asian equity benchmarks are trading up in the early deals on Thursday following the surge in crude oil prices overnight, in reaction to reports that OPEC members have reached a deal to cut oil production for the first time since 2008. Meanwhile, Japan's Nikkei share average rose as investors took heart from a weaker yen and rallying oil prices after OPEC's unexpected agreement to trim crude output.

Nikkei 225 gained 250.05 points or 1.52% to 16,715.45, Hang Seng added 112.32 points or 0.48% to 23,731.97, Jakarta Composite surged 43.38 points or 0.80% to 5,468.71, KOSPI Index jumped 15.90 points or 0.77% to 2,068.96, Taiwan Weighted increased 82.69 points or 0.90% to 9,277.21, FTSE Bursa Malaysia KLCI rose 4.90 points or 0.29% to 1,669.86, Straits Times increased 17.47 points or 0.61% to 2,875.48, and Shanghai Composite was up by 16.79 points or 0.56% to 3,004.64.


Related News

View all news

US markets end mostly lower on Friday

The US markets ended mostly lower on Friday, while Dow Jones Industrial ekes out marginal gains on strong quarterly earnings reports. The markets initially gained the momentum supported by a rally by Chinese......

US markets decline on Thursday on worries about global growth

The US markets declined on Thursday on rising worries over US-Saudi relations after the suspected murder of journalist Jamal Khashoggi and unease over the eurozone due to Italy's controversial budget plans.......

US markets end in green on Tuesday

The US markets ended the Tuesday's trade on an optimistic note with all the major indices garnering a gain of over two percentage points. The rally on Wall Street partly reflected a positive reaction to......

Top News

View all news

Hatsun Agro Product envisaging plans to set up dairy plant in Odisha

Hatsun Agro Product is envisaging plans to set up a dairy plant in the State of Odisha considering an attractive proposition for investment offered by the State of Odisha and has submitted 'Investment......

Tata Motors to launch new versions Tiago JPT, Tigor JPT: Report

Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago......

Hero MotoCorp launches new Destini 125 scooter

Hero MotoCorp has launched the new Destini 125 scooter. The powerful Destini 125 aims to fortify the company's presence in the fast-growing 125cc scooter segment.The new Destini 125 will be available from......