Most of the Asian equity benchmarks are trading in green in the early deals on Wednesday, with the short covering by market participants as they eyed for a resolution in the US- China trade war. Japan's Nikkei index is in positive note with the weaker yen and as Wall Street stocks rallied after the previous steep losses. Among the other Asian markets, Hong Kong, South Korea, Taiwan, Shanghai and Malaysia are in positive trend. Bucking the trend, Singapore and Indonesia are in negative territory.
Nikkei 225 up 62.46 points or 0.30% to 21,129.69, Hang Seng rose 209.43 points or 0.74% to 28,331.45, Taiwan Weighted jumps 85.76 points or 0.82% to 10,605.01, Shanghai Composite enlarges by 31.67 points or 1.10% to 2,915.28, KOSPI Shares increases 12.60 points or 0.61% to 2,094.44. and FTSE Bursa Malaysia KLCI up by 13.79 points or 0.86% to 1,612.98.
On the flip side, Straits Times dips by 0.19 points or 0.01% to 3,223.52, and Jakarta Composite diminish 61.35 points or 1.01% to 6,009.85.
