Breaking News

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

19-Sep2018

Asian markets trade mostly in green in early deals on Wednesday

Most of the Asian markets are trading in green in early deals on Wednesday, following the positive cues overnight from Wall Street as investors shrugged off an escalation in trade tensions between the United States and China. China responded by saying it will go ahead with plans to increase tariffs on $60 billion worth of US goods. Meanwhile, Japan's Nikkei extended its gains to near eight-month highs as investors took heart from a strong performance in Wall Street with financial stocks rallying after US yields jumped. Investors are looking ahead to the Bank of Japan's monetary policy decision due later in the day. Among the other Asian markets, Singapore, Hong Kong, Taiwan, Shanghai, Indonesia and Malaysia are higher. Bucking the trend, South Korea is in negative territory.

Nikkei 225 rose 308.00 points or 1.30% to 23,728.54, Hang Seng surged 263.48 points or 0.96% to 27,348.14, Shanghai Composite spurt 26.32 points or 0.97% to 2,726.27, Taiwan Weighted jumped 89.98 points or 0.83% to 10,850.19, Straits Times gained 18.65 points or 0.59% to 3,157.99, Jakarta Composite added 57.44 points or 0.98% to 5,869.23, and FTSE Bursa Malaysia KLCI up by 9.53 points or 0.53% to 1,802.13.

On the flip side, KOSPI Index down by 1.98 points or 0.09% to 2,307.00.


Related News

View all news

US markets witness bloodbath on disappointing jobs data

Extending southward journey for third straight session, the US markets ended the Friday's trade sharply lower with major settled with a cut of around three percent. Sentiments remained dampened after the......

US markets end mostly lower on Thursday

The US markets ended mostly lower on Thursday after a dramatic session that saw the Dow Jones Industrial Average drop more than 700 points at one point on fears that the arrest of a Huawei executive would......

US markets end lower as trade jitters return

After gaining in the previous session, the US markets ended lower with cut of over three percent on Tuesday, with the Dow Jones Industrial Average dropping by almost 800 points, as investors worried that......

Top News

View all news

Arrow Greentech's arm gets approval to manufacture mouth dissolving strips

Arrow Greentech's wholly owned subsidiary (WOS) company -- Avery Pharmaceuticals, also known as Arrow Rx has received an approval for site plan to manufacture mouth dissolving strips from Food &......

Essel Propack issuing commercial papers worth Rs 50 crore

Essel Propack is issuing Commercial Papers (CPs) for Rs 50 crore on private placement basis and will have date of maturity as March 13, 2019. The CPs for Rs 50 crore with date of maturity as December 13,......

Escorts, Kubota join hands for global leadership

Escorts and Kubota Corporation have joined hands for their global joint venture (JV) to manufacture high end technology tractors for domestic and export geographies. The JV will leverage leading Japanese......