All of the Asian equity benchmarks are trading higher in the early deals on Monday, as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors were cautious about the outlook amid the backdrop of a simmering US-China trade dispute. Hong Kong stocks is higher after a mixed week for information technology and energy listings, as investors assess Kim Jong-un’s landmark pledge of ‘full denuclearisation’ after Friday’s joint summit between North and South Korea. The markets in Japan and China are closed for public holidays.
Hang Seng rose 458.09 points or 1.51% to 30,738.76, Straits Times added 36.06 points or 1.01% to 3,613.27, Taiwan Weighted gained 94.24 points or 0.89% to 10,647.67, Jakarta Composite added 39.35 points or 0.66% to 5,958.59, KOSPI Index increased 17.85 points or 0.72% to 2,510.25, and FTSE Bursa Malaysia KLCI up by 1.16 points or 0.06% to 1,864.63.
