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Asian markets trade higher in early deals on Tuesday

22 Aug 2017 Evaluate

All the Asian equity benchmarks are trading up in the early deals on Tuesday after modest gains on Wall Street, while robust metals prices underpinned some regional markets even as investors remained wary ahead of the annual central banking conference in Jackson Hole later this week. Meanwhile, Hong Kong stocks is higher following a tepid lead from Wall Street, while traders are keeping their focus on a summit of central bankers later in the week.

Nikkei 225 gained 12.69 points or 0.07% to 19,405.82, Taiwan Weighted added 66.96 points or 0.65% to 10,393.35, Hang Seng surged 283.08 points or 1.04% to 27,437.76, Straits Times increased 22.52 points or 0.69% to 3,269.51, KOSPI Index rose 9.5 points or 0.4% to 2,364.50, Jakarta Composite spurt 7.72 points or 0.13% to 5,868.72, FTSE Bursa Malaysia KLCI strengthened 2.57 points or 0.15% to 1,774.19, and Shanghai Composite was up by 4.8 points or 0.15% to 3,291.71.

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