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Asian markets trade higher in early deals on Monday

07 Jan 2019 Evaluate

Asian market indices are trading in green in early deals on Monday after strong US jobs data lifted indexes on Wall Street. Further, investor sentiment picked up slightly ahead of a round of trade negotiations between the United States and China in Beijing. Meanwhile, the Japanese market is surging after US stocks rebounded Friday. In addition, exporters' shares were bolstered by a weaker yen.

Nikkei 225 jumped 508.43 points or 2.60% to 20,070.39, Hang Seng surged 172.28 points or 0.67% to 25,798.31, Taiwan Weighted climbed 194.18 points or 2.07% to 9,576.69, Shanghai Composite increased 10.96 points or 0.44% to 2,525.83, FTSE Bursa Malaysia KLCI spurt 10.35 points or 0.62% to 1,680.13, Straits Times increased 39.00 points or 1.27% to 3,098.23, Jakarta Composite improved 51.32 points or 0.82% to 6,325.86, and KOSPI Shares up by 22.28 points or 1.11% to 2,032.53.