Most of the Asian equity indices were trading in the green ahead of G20 meeting of finance and central bank officials over the weekend for clues to their views about global growth and the role currencies play in the economies of individual member countries. The Japanese market was trading higher ahead of the conclusion of a two-day Bank of Japan policy meeting. South Korean KOSPI Composite also trading in the green after hitting a three-week closing high and logging their biggest daily percentage gain since January 2 on Wednesday as investors cheered a pause in the yen’s decline.
Hang Seng surged 219.27 points or 0.94% to 23,434.43, Jakarta Composite rose 26.19 points or 0.57% to 4,597.76, KLSE Composite added 2.46 points or 0.15% to 1,633.62, Nikkei 225 increased 59.17 points or 0.53% to 11,310.58 and KOSPI Composite was up by 2.27 points or 0.11% to 1,978.34.
On the flip side, Straits Times was down by 6.96 points or 0.21% to 3,294.08.
China and Taiwan markets remained closed for the trade today.
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