Asian markets are trading mostly in green in early deals on Monday, tracking the gains on Wall Street Friday on upbeat US jobs data for the month of May and as President Donald Trump revealed that his summit with North Korean leader Kim Jong Un is back on. These helped offset worries about trade tensions between the US and the rest of the world. Meanwhile, Japan’s Nikkei share average rose to a one-week high, tracking Friday’s Wall Street’s gains after May jobs data pointed to strength in the US economy, while a weaker yen lifted shares of Japanese exporters. Among the other Asian markets, Hong Kong, Taiwan, Shanghai, South Korea, Singapore and Indonesia are also higher. Bucking the trend, Malaysia is edging lower.
Nikkei 225 rose 303.42 points or 1.37% to 22,474.77, Hang Seng jumped 397 points or 1.3% to 30,889.91, Straits Times gained 30.80 points or 0.90% to 3,458.31, Taiwan Weighted spurt 140.42 points or 1.28% to 11,089.50, Jakarta Composite added 35.63 points or 0.6% to 6,019.22, KOSPI Index increased 6.7 points or 0.27% to 2,445.66, and Shanghai Composite up by 6.63 points or 0.22% to 3,081.77.
On the flip side, FTSE Bursa Malaysia KLCI was down by 0.49 points or 0.03% to 1,755.89.
