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Asian markets trade in green in early deals on Thursday

07 Jun 2018 Evaluate

All the Asian markets are trading higher in the early deals on Thursday, following the overnight gains on Wall Street after the European Central Bank indicated it will discuss ending its bond purchasing program at a meeting next week. Receding worries about a full-blown global trade war also boosted investors’ sentiments. Meanwhile, Japan’s Nikkei share average rose to more than two-week highs to stay above a key technical level as it tracked Wall Street gains overnight.

Nikkei 225 rose 191.52 points or 0.85% to 22,817.25, Hang Seng jumped 173.27 points or 0.55% to 31,432.37, Jakarta Composite added 26.42 points or 0.44% to 6,096.13, FTSE Bursa Malaysia KLCI gained 18.7 points or 1.05% to 1,795.83, KOSPI Index spurt 16.13 points or 0.66% to 2,469.89, Taiwan Weighted increased 9.87 points or 0.09% to 11,211.70, Shanghai Composite strengthened 1.84 points or 0.06% to 3,117.02, and Straits Times up by 5.70 points or 0.16% to 3,473.51.