Most of the Asian markets are trading in green in early deals on Wednesday as investors sought bargains, a day after the spectre of a US-China trade war rattled global markets, but significant uncertainty around the trade outlook is capping gains. Though, Chinese stocks fell, extending Tuesday’s plunge, despite efforts by the government to soothe nerves rattled by the threat of additional tariffs. Among the other Asian markets, Nikkei, Hong Kong, South Korea, Taiwan, Malaysia, and Singapore are higher. Bucking the trend, Jakarta is lower.
Nikkei 225 rose 124.83 points or 0.56% to 22,403.31, Hang Seng jumped 120.25 points or 0.41% to 29,588.40, Straits Times gained 9.77 points or 0.30% to 3,311.12, Taiwan Weighted spurt 18.76 points or 0.17% to 10,922.95, FTSE Bursa Malaysia KLCI increased 2.65 points or 0.15% to 1,718.01, and KOSPI Index up by 24.72 points or 1.06% to 2,364.83,
On the flip side, Jakarta Composite declined 146.54 points or 2.44% to 5,847.09, and Shanghai Composite down by 17.16 points or 0.59% to 2,890.66.
