Breaking News

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


Asian markets trade mostly higher in early deals on Thursday

Most of the Asian equity benchmarks are trading in green in the early deals on Thursday, following the firmer lead from Wall Street in the last session. Investors in the region also digested the release of Chinese inflation data and kept an eye on President Donald Trump's stop in Beijing. Meanwhile, the Japanese market is advancing, with the gains on Wall Street and strong first-half earnings results from domestic companies boosting sentiments. Investors shrugged off weaker than expected core machine orders data. Among the other Asian markets, Shanghai, Singapore, Malaysia and Hong Kong are also higher. Bucking the trend, Indonesia, South Korea, and Taiwan are modestly lower.

Nikkei 225 rose 401.77 points or 1.75% to 23,315.59, Hang Seng jumped 262.62 points or 0.91% to 29,170.22, Straits Times added 5.28 points or 0.15% to 3,426.53, FTSE Bursa Malaysia KLCI gained 3.16 points or 0.18% to 1,747.36, and Shanghai Composite was up by 0.86 points or 0.03% to 3,416.32.

On the flip side, Taiwan Weighted declined 62.57 points or 0.58% to 10,756.42, Jakarta Composite dropped 6.95 points or 0.11% to 6,042.43, and KOSPI Index was down by 1.35 points or 0.05% to 2,551.05.

Related News

View all news

US markets settle lower on Monday

The US markets ended deeply lower with cut of over two percent on Monday, with the S&P 500 and Nasdaq posting fresh year-to-date closing lows, extending the worst start to a December since 1980,......

US markets end in red on concerns about global economy

The US markets ended sharply lower on Friday, with losses of around two percent, after weaker-than-expected data in China and Europe exacerbated concerns of a global economic slowdown. Besides, retail......

US markets end mostly lower on trade jitters

The US markets ended mostly in red on Thursday as investors continued to worry over the lack of clarity and progress in US-China trade talks. The perception of progress was tempered that China arrested......

Top News

View all news

Infibeam Avenues' arm incorporates wholly owned subsidiary

Infibeam Avenues' wholly owned subsidiary-- Infibeam Global EMEA FZ-LLC has incorporated a wholly owned subsidiary company namely 'Richrelevants' in BVI, which will be the Step-down Wholly Owned Subsidiary......

Ramco Systems gets order from Global Top 10 Chemical Manufacturing Company

Ramco Systems' Global Payroll platform has been chosen by one of the leading chemical producer and a Global Top 10 Chemical Manufacturing company by revenue, as a Managed Service for its multi-country......

JCT planning to raise funds on preferential basis

JCT is planning for the fresh issuance of equity shares aggregating to Rs 9.16 crore on preferential basis to term lenders. The meeting of the Board of Directors of the Company will be held on December......