Asian equity benchmarks are trading higher on Friday on optimism that U.S. and China will return to the negotiation table soon. Increased risk appetite in the market lifted the equity investments. The Japan's Nikkei surged amid the positive cues from Wall street overnight and as the safe heaven yen eased. Meanwhile, Investors also digested a raft of mixed local economic data, including upbeat Japanese industrial production data.
Nikkei 225 up 287.05 points or 1.40% to 20,747.98, Straits Times rose 24.37 points or 0.79% to 3,106.20, Hang Seng gained 177.32 points or 0.69% to 25,880.82, Taiwan Weighted rose 111.36 points or 1.06% to 10,573.79, KOSPI Index increased 35.84 points or 1.85% to 1,969.25, Jakarta Composite higher 21.30 points or 0.34% to 6,310.42, Shanghai rose 6.67 points 0.23% to 2,897.59, and FTSE Bursa Malaysia KLCI lifted 9.06 points or 0.57% to 1,604.24.
