Breaking News

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


Asian markets trade mostly in green in early deals

Asian stock markets are mostly higher on Friday with modest gains as investors kept a cautious watch on the second round of trade talks between the U.S. and China. Blaming the trade policies of previous administrations, U.S. President Donald Trump said that China has become very spoiled and expressed doubts about whether the trade talks would be successful. Japanese Nikkei edged higher as a weaker yen lifted shares of exporters. On the economic front, the Ministry of Internal Affairs and Communications said that overall nationwide consumer prices in Japan were up just 0.6 percent on year in April. That was shy of expectations for a gain of 0.7 percent and was down sharply from 1.1 percent in March. Core CPI was up 0.7 percent on year, beneath forecasts for 0.8 percent and down from 0.9 percent in the previous month. Among the other Asian markets, Malaysia, South Korea, Shanghai, Taiwan, Indonesia and Hong Kong are trading higher. Bucking the trend, Singapore is lower. 

FTSE Bursa Malaysia KLCI rose 5.2 points or 0.28% to 1,859.64, KOSPI Index gained 6.35 points or 0.26% to 2,454.80, Shanghai Composite increased 8.69 points or 0.28% to 3,162.97, Taiwan Weighted jumped 14.34 points or 0.13% to 10,848.15, Jakarta Composite strengthened 19.79 points or 0.34% to 5,835.71, Hang Seng added 44.87 points or 0.15% to 30,987.02 and Nikkei 225 up by 92.16 points or 0.4% to 22,930.53. 

On the flip side, Straits Times down by 13.93 points or 0.40% to 3,522.83.

Related News

View all news

US markets end lower on Tuesday

After the sell-off seen in the previous session, the US markets once again closed in red on Tuesday. With the continued drop, the tech-heavy Nasdaq fell to its lowest closing level in over seven months.......

US markets close sharply lower on Monday

The US markets closed sharply lower on Monday with the Nasdaq falling to its lowest closing level in almost five months, as the biggest and most popular technology stocks plunged. Facebook and Apple led......

Asian markets exhibit mixed trend in early deals on Monday

Asian market indices are exhibiting mixed trend in early deals on Monday, amid the ongoing trade tensions between United States -China and on renewed anxiety about Brexit. The Japanese market is advancing......

Top News

View all news

Megastar Foods planning to incorporate subsidiary

Megastar Foods is planning to incorporate a subsidiary Company. The meeting of the Board of Directors of the company is scheduled to be held on November 27, 2018, to consider the same. Megastar Foods is......

Lupin launches generic Tetrabenazine Tablets

Lupin has launched Tetrabenazine Tablets, 12.5 mg and 25 mg having received an approval from the United States Food and Drug Administration (USFDA) earlier. Lupin's Tetrabenazine Tablets, 12.5 mg and 25......

UPL's arm signs definitive agreement to acquire entire stake of IBC

UPL's wholly owned subsidiary-- UPL Corporation, Mauritius has signed a definitive agreement to acquire directly or through its subsidiaries 100% of the shares of INDUSTRIAS BIOQUIM CENTROAMERICANA, SOCIEDAD......