Asian markets traded mostly higher in early deals on Thursday, kindled by the bargain hunting after previous session’s sell off and on positive global cues overnight. Moreover, persistent hype over artificial intelligence and strong earnings report encouraged heavyweight tech share investments. Japan’s Nikkei is advancing from its 34 high rates despite sluggish economic readings and recession jitters. Stock market in China remain closed for New Year holidays.
Nikkei 225 up by 354.60 points or 0.94% to 38,057.92, Straits Times rose 28.33 points 0.90% to 3,167.40, Hang Seng added 68.25 points 0.43% to 15,947.63, Taiwan Weighted lifted by 519.96 points or 2.87% to 18,616.03, , Jakarta Composite supported by 123.32 points or 1.71% to 7,333.06 and
On the flip side, KOSPI Index slipped 4.20 points or 0.16% to 2,616.22, and FTSE Bursa Malaysia KLCI down by 1.20 points or 0.08% to 1,528.13.
