Most of the Asian equity benchmarks are trading higher on Friday, following the fresh hints of progress in the US-China trade dispute. Meanwhile, interest rate cut by European Central Bank and introduction of batch of easy money measures for boosting the region’s sluggish economy, also buoyed investor sentiments. Japan's Nikkei is advancing with a cheaper yen. South Korea, Taiwan, and Shanghai stock markets are closed for a holiday. Among the other Asian markets, Singapore, Hong Kong and Indonesia are in positive lead. Bucking the trend, Malaysia is trading lower.
Nikkei 225 up 228.93 points or 1.05% to 21,988.54, Straits Times rose 10.99 points or 0.34% to 3,205.95, Hang Seng enlarged 98.72 points or 0.36% to 27,186.35, and Jakarta Composite higher by 1.46 points or 0.02% to 6,343.63
On the flip side, FTSE Bursa Malaysia KLCI down by 3.77 points or 0.24% to 1,597.23.