Prolonging their previous session’s rally, all the Asian equity indices are trading in the green terrain in Wednesday’s morning trade after New York’s Dow Jones share index hit a record high. The sentiments remained buoyed on hopes of central banks attempt to revive economic growth by pumping cash into the financial system. Back on regional turf, Japanese benchmark Nikkei gained the most with over one and a half percent as exporters moved higher on optimistic Services data from US.
Shanghai Composite rose 8.03 points or 0.35% to 2,334.34, Hang Seng surged 195.64 points or 0.87% to 22,756.14, Jakarta Composite strengthened 49.98 points or 1.05% to 4,801.68, KLSE Composite jumped 7.37 points or 0.45% to 1,649.45, Nikkei 225 soared 203.05 points or 1.74% to 11,886.50, Straits Times increased 28.30 points or 0.87% to 3,276.56, KOSPI Composite added 8.75 points or 0.43% to 2,025.36 and Taiwan Weighted was up by 30.36 points or 0.38% to 7,963.07.