Breaking News

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

16-Oct2017

Asian markets trade mostly in green

Asian markets have made a positive start on Monday, extending their last week gains, following the positive lead from Wall Street on Friday and higher commodity prices on the back of strong Chinese import data released on Friday. The Japanese market is higher for a ninth straight day, tailing the gains on Wall Street and weaker yen. Local equities were also being supported by expectations Prime Minister Shinzo Abe's government will comfortably win elections held on Sunday. Though, the Chinese market has given up the early gains and was marginally in red, after the National Bureau of Statistics said that consumer prices in China were up 1.6 percent on year in September. That was in line with expectations, and down from 1.8 percent in August. There was some cautiousness in the region on fresh geopolitical concerns following comments from U.S. President Donald Trump on the Iran nuclear deal.

KOSPI Index was up by 3.34 points or 0.14% to 2,476.96, Taiwan Weighted added 21.33 points or 0.2% to 10,745.42, Jakarta Composite was higher by 23.08 points or 0.39% to 5,947.21, Nikkei 225 increased 138.57 points or 0.66% to 21,293.75, Hang Seng surged by 241.19 points or 0.85% to 28,717.62,

On the other hand, FTSE Bursa Malaysia KLCI declined by 3.97 points or 0.23% to 1,751.35 and Shanghai Composite was lower by 3.74 points or 0.11% to 3,386.78.


Related News

View all news

US markets end higher on Tuesday

The US markets ended higher on Tuesday, as traders shrugged off concerns about the escalating trade war between the U.S. and China. Traders seemed to be expressing relief that the rates of tariffs the......

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......

US markets end higher on Tuesday

The US markets ended higher on Tuesday, as traders shrugged off concerns about the escalating trade war between the U.S. and China. Traders seemed to be expressing relief that the rates of tariffs the......

Top News

View all news

TI Financial Holdings to make investment of up to Rs 50 crore

TI Financial Holdings has received an approval for the further investment in shares of Cholamandalam Investment and Finance Company (CIFCL) up to 300,000 equity shares Rs 10 each, up to a sum not exceeding......

Glenmark Pharma inducts into Dow Jones Sustainability Indices 2018

Glenmark Pharmaceuticals has been listed on the Dow Jones Sustainability Indices 2018. Dow Jones Sustainability Index (DJSI) is one of the most esteemed global benchmarks for sustainable business practices.......

Tata Steel completes acquisition of 51% equity stake in CPDPL

Tata Steel has completed the acquisition of 51% equity stake in Creative Port Development (CPDPL). Earlier, the company had executed definitive agreement for development of Subarnarekha Port &......