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Asian markets trade higher in early deals on Friday

29 Jun 2018 Evaluate

All of the Asian markets are trading in green in early deals on Friday, following the positive cues overnight from Wall Street and on news that China has eased restrictions on foreign investment amid rising trade tensions with the US Crude oil prices slipped in Asian trades after rising to a three-and-a-half-year high overnight. Japanese stocks is edged higher despite the simmering worries over a trade fight between the United States and its major trading partners kept investors on tenterhooks.

Nikkei 225 added 22.52 points or 0.10% to 22,292.91, Hang Seng rose 324.58 points or 1.13% to 28,821.90, Straits Times gained 22.71 points or 0.69% to 3,280.28, Taiwan Weighted jumped 143.57 points or 1.33% to 10,797.85, KOSPI Index spurt 11.79 points or 0.51% to 2,326.03, Shanghai Composite increased 33.43 points or 1.19% to 2,820.33, FTSE Bursa Malaysia KLCI surged 32.98 points or 1.98% to 1,698.66, and Jakarta Composite up by 53.56 points or 0.94% to 5,720.88.