Asian markets were trading higher in early deals on Wednesday following the broadly positive cues from global markets overnight, as softer-than-expected consumer sentiment and job openings data, helped ease concerns about interest rates, lifting investor sentiment. Further, Chinese stimulus measures were also aiding market sentiment. The Japanese market was significantly higher with gains in financial and technology stocks.
Hang Seng advanced 109.46 points or 0.59% to 18,593.49, Taiwan Weighted added 112.6 points or 0.67% to 16,736.25, Straits Times rose 4.48 points or 0.14% to 3,227.57, Shanghai Composite strengthened 1.83 points or 0.06% to 3,137.72, Jakarta Composite gained 25.81 points or 0.37% to 6,983.65, KOSPI increased 15.04 points or 0.59% to 2,567.20 and Nikkei 225 surged 221.33 points or 0.68% to 32,448.30.
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