All of the Asian markets are trading in green in early deals on Friday, following the record highs overnight on Wall Street’s S&P 500, while the US dollar weakened as worries about trade tensions eased. Meanwhile, the Japanese stock market is advancing amid the positive cues from Wall Street and on a weaker yen. Investors also digested upbeat Japan manufacturing data. A preliminary version of Japan's monthly purchasing managers' index showed factory activity accelerated in September. The PMI rose to a three-month high of 52.9 from Augusts’ 52.5 on a 100-point scale. The measure of new export orders rose to a four-month high.
Nikkei 225 rose 224.12 points or 0.94% to 23,899.05, Hang Seng surged 255.86 points or 0.92% to 27,733.53, Shanghai Composite spurt 26.77 points or 0.97% to 2,756.01, Taiwan Weighted jumped 106.60 points or 0.97% to 10,938.01, Straits Times gained 31.31 points or 0.97% to 3,211.74, Jakarta Composite added 4.05 points or 0.07% to 5,935.32, KOSPI Index increased 9.49 points or 0.41% to 2,332.94, and FTSE Bursa Malaysia KLCI up by 7.49 points or 0.42% to 1,811.19.
