MoneyWorks4Me

Asian markets trade up in early deals on Friday

11 Oct 2019 Evaluate

Asian equity benchmarks are trading higher on Friday on optimistic note by US President Donald Trump at the end of the first day of US-China trade talks in Washington DC. The market sentiments buoyed with the optimism that the United States and China might reach a deal. Taiwan's market is closed for a holiday today. Japan's Nikkei is in higher note with weaker yen in line with positive cues from US stocks overnight. Among the other Asian markets, Hong Kong, Indonesia, Shanghai, Singapore, South Korea and Malaysia are in positive lead.

Nikkei 225 up 241.96 points 1.12% to 21,793.94, Straits Times climbed 21.14 points or 0.68% to 3,110.62, Hang Seng increased 563.43 points or 2.19% to 26,271.36, KOSPI Index enlarged 21.27 points or 1.05% to 563.43, Jakarta Composite widened by 61.77 points or 1.03% to 6,085.41, Shanghai rose 12.97 points 0.44% to 2,960.68, and FTSE Bursa Malaysia KLCI enlarged 2.39 points or 0.15% to 1,554.26.