Breaking News

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


Asian markets trade mostly higher in early deals on Wednesday

Asian equity benchmarks are trading mostly in green in early deals on Wednesday, supported by better-than-expected manufacturing data from Japan. The gains came despite losses on Wall Street, where a six-day winning streak was snapped by a plunge in Walmart stock and losses in other sectors. Meanwhile, Hang Seng index rose, tracking gains in Asian markets. Though, the Japanese market edged lower, paring early gains, despite a weaker yen lifting exporters' shares. Among the other Asian markets, Taiwan, South Korea, Singapore, Hong Kong and Malaysia are also higher. Bucking the trend, Indonesia is edging lower. China stock markets will reopen on Thursday after the Lunar New Year holiday.

Hang Seng added 279.76 points or 0.91% to 31,153.39, Straits Times gained 29.71 points or 0.85% to 3,506.24, Taiwan Weighted rose 270.45 points or 2.6% to 10,691.54, KOSPI Index spurt 6.69 points or 0.28% to 2,421.81, and FTSE Bursa Malaysia KLCI was up by 2.35 points or 0.13% to 1,858.34

On the flip side, Nikkei 225 dropped 25.25 points or 0.12% to 21,899.85, and Jakarta Composite was down by 15.02 points or 0.23% to 6,647.86.

Related News

View all news

US markets end mostly in red terrain on Friday

The US markets ended the lackluster day of trade mostly in red terrain on Friday. Despite the choppy trading on the day, the Dow climbed to another new record closing high. Next week's Federal Reserve......

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......

US markets end significantly higher on Thursday

The US markets ended significantly in green terrain on Thursday, as traders continued to shrug off concerns about the escalating trade dispute between the U.S. and China. Traders also took some encouragement......

Top News

View all news

ABB India undertakes an ambitious project to create a high density DFC

ABB India has undertaking an ambitious project to create a high density Dedicated Freight Corridor (DFC). The DFC will run between the four cities known as the Golden Quadrilateral - Delhi, Mumbai, Chennai......

NHPC to develop 40 MW solar plant in Odisha: Report

Hydropower generation company NHPC is reportedly planning to develop 40 MW solar plant in Odisha with an investment of about Rs 196 crore. The solar power project will come up on about 180 acres of land......

Tijaria Polypipes bags order worth Rs 35.30 crore

Tijaria Polypipes has received a single order of Rs 35.30 crore for supply of HDPE & PLB Ducts from Tata Projects. The same has to be executed within a period of 3 months. The company takes great......