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MoneyWorks4Me

Asian markets trade higher in early deals on Tuesday

17 Nov 2015 Evaluate

Asian equity benchmarks are trading up in the early deals on Tuesday, buoyed by the overnight rally on Wall Street as investors shrugged off worries related to Friday's deadly terror attacks in Paris. Higher crude oil prices lifted energy and airline stocks. Meanwhile, Japan's Nikkei share average rebounded with all sectors in positive territory after US stocks rose, while exporters outperformed after the dollar strengthened as the market refocused attention of an imminent US rate hike.

Nikkei 225 jumped 294.97 points or 1.52% to 19,688.66, Hang Seng added 459.43 points or 2.09% to 22,470.25, FTSE Bursa Malaysia KLCI surged 11.10 points or 0.67% to 1,667.10, Taiwan Weighted increased 146.87 points or 1.77% to 8,442.27, Shanghai Composite strengthen 51.11 points or 1.42% to 3,658.07, Jakarta Composite spurt 64.30 points or 1.45% to 4,506.48, Straits Times gained 13.17 points or 0.45% to 2,928.90, and KOSPI Index was up by 24.89 points or 1.28% to 1,967.91.