Breaking News

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

18-Apr2018

Asian markets trade mostly in green in early deals on Wednesday

Most of the Asian equity indices are trading higher in the early deals on Wednesday, following the positive cues overnight from Wall Street on upbeat corporate earnings results as well as economic data. Investors also cheered indications that the US and North Korea are making progress on arranging a summit between US President Donald Trump and North Korean leader Kim Jon Un. Meanwhile, China's central bank lowered the reserve requirement ratio for most commercial banks on Tuesday. Japan's Nikkei share average raced to a seven-week high as risk sentiment recovered after Wall Street rose overnight on earnings hopes, lifting shares across the board. Among the other Asian markets, Hong Kong, Singapore, South Korea, Indonesia, and Taiwan are in positive territory. Bucking the trend, Shanghai and Malaysia are lower.

Nikkei 225 rose 320.8 points or 1.47% to 22,168.39, Hang Seng gained 83.66 points or 0.28% to 30,146.41, Straits Times added 45.18 points or 1.29% to 3,543.38, KOSPI Index spurt 23.93 points or 0.98% to 2,477.70, Jakarta Composite increased 23.82 points or 0.38% to 6,309.59, and Taiwan Weighted up by 23.41 points or 0.22% to 10,833.86.

On the flip side, Shanghai Composite declined 11.36 points or 0.37% to 3,055.44, and FTSE Bursa Malaysia KLCI down by 3.2 points or 0.17% to 1,877.29.


Related News

View all news

Asian markets trade mostly in green in early deals

Asian markets are trading mostly in the green in early deals on Wednesday, with sentiments boosted by Wall Street's rise and a record intraday high for the S&P 500 index on Tuesday, but fragile......

Asian markets trade mostly in green in early deals

Asian markets are trading mostly in the green in early deals on Wednesday, with sentiments boosted by Wall Street's rise and a record intraday high for the S&P 500 index on Tuesday, but fragile......

US markets close higher on Tuesday

The US markets ended higher on Tuesday, registering a fourth straight gain on the back of optimism over US-China trade talks, even though President Donald Trump said he does not expect much progress from......

Top News

View all news

Uday Jewellery commences manufacturing activities at Hyderabad unit

Uday Jewellery Industries has commenced the manufacturing activities in premises situated at Hyderabad taken on lease for enhancement of its manufacturing capabilities for manufacture of specialty jewellery......

Strides Shasun's arm receives acceptance from USFDA for two key ANDAs

Strides Shasun's step-down wholly owned subsidiary, Strides Pharma Global, Singapore has received Abbreviated New Drug Application (ANDA) “acceptable for filing” correspondence from the United States Food......

IDBI Bank sells 3.90% stake in NSDL

IDBI Bank has sold 15,60,000 equity shares constituting 3.90% of the paid up capital of National Securities Depository (NSDL) on August 21, 2018.IDBI Bank is the youngest, new generation public sector......