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Asian markets trade mostly higher in early deals on Monday

01 Apr 2019 Evaluate

Most of the Asian equity benchmarks are trading in green in the early deals on Monday, in line with the firm trend in Wall Street and on positive cues from China -US trade talks ahead to the meeting in Washington this week. Japanese stocks rallied amid weaker yen. Moreover, better than expected data released over the weekend showing China's factory activity in March unexpectedly grew for the first time in fourth months also boosted the sentiments.

Nikkei 225 increased 60.15 points or 0.78% to 7,729.32, Taiwan Weighted up 39.36 points or 0.37% to 10,680.40, KOSPI Shares climbed 26.16 points or 1.22% to 2,166.83, Hang Seng jumped 478.83 points or 1.65% to 29,530.19, Straits Times climbed 25.99 points or 0.81% to 3,238.87, and Shanghai Composite up by 70.73 points or 2.29% to 3,161.49.

On the flip side, Jakarta Composite down 37.15 points or 0.57% to 6,443.64, and FTSE Bursa Malaysia KLCI dipped by 7.53 points or 0.46% to 1,636.10.