Asian market indices are trading higher in early deals on Wednesday, amid positive outlook about US-China trade relations. A flurry of positive developments in the tariffs stand-off between the world's top economies provided optimism on trading floors. Energy firms rallied with oil prices, though the pound remained beaten down by Brexit woes. Meanwhile, Wall Street stocks closed mixed on Tuesday in a volatile session due to concerns about partial government shutdown, amid testy public exchange between Trump and top Democratic leaders over funding for his proposed border wall.
Nikkei 225 rose 427.62 points or 2.02% to 21,575.64, Hang Seng climbed 397.68 points or 1.54% to 26,169.35, Straits Times improve 26.77 points or 0.88% to 3,086.05, Taiwan Weighted gain 92.15 points or 0.95% to 9,799.19, Shanghai Composite gained 5.07 points or 0.20% to 2,599.16, KOSPI Shares increased 30.22 points or 1.47 % to 2,083.19, Jakarta Composite up 32.29 points or 0.53% to 6,108.88, and FTSE Bursa Malaysia KLCI up by 11.73 points or 0.71% to 1,664.36.
