Asian market indices are trading higher in early deals on Thursday, extending winning streak from last session followed by the positive developments in United States-China trade relations, and expectations that China will step up efforts soon to support its cooling economy. The news that British Prime Minister Theresa May survived a no-confidence vote by the Conservative Party also provided cheers to the investors. Moreover, positive trend overnight from Wall Street buoyed the Asian stocks.
Nikkei 225 rose 224.58 points or 1.04% to 21,827.33, Hang Seng climbed 331.93 points or 1.27% to 26,518.64, Straits Times improve 14.40 points or 0.46% to 3,114.39, Taiwan Weighted gain 27.91 points or 0.28% to 9,844.36, Shanghai Composite gained 41.65 points or 1.60% to 2,643.80, KOSPI Shares increased 14.90 points or 0.72% to 2,097.47, Jakarta Composite up 55.02 points or 0.90% to 6,170.60, and FTSE Bursa Malaysia KLCI up by 10.94 points or 0.66% to 1,674.21.
