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08-Dec2017

Asian markets trade in green on Friday

All the Asian market indices are trading in green on Friday, supported by gains on Wall Street and investors' sentiments are supported by China's trade data. China's exports and imports unexpectedly accelerated last month after slowing in October, an encouraging sign for the world's second-biggest economy which has started to slow in the face of a government crackdown on debt risks and factory pollution. Meanwhile, Japan's Nikkei index was up with property developers and technology shares leading the gainers.

Jakarta Composite hiked 27.14 points or 0.45% to 6,033.97, Taiwan Weighted higher 38.6 points or 0.37% to 10,394.36, Shanghai Composite up 6.78 points or 0.21% to 3,278.84, Straits Times jumped by 34.58 points or 1.02 % to 3,422.72, KOSPI Index rose by 7.14 points or 0.29% to 2,469.12, Nikkei 225 gained 254.09 points or 1.13% to 22,752.12, FTSE Bursa Malaysia KLCI rose by 4.24 points or 0.25% to 1,723.29 and Hang Seng was up by 247.22 points or 0.87% to 28,550.41.



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