After witnessing previous session’s sell-off, most of the Asian equity indices have made some pull back in early trade. Japanese stocks climbed over a per cent, after suffering an eye-watering 7.3 per cent drop in a vicious turnaround from a 5-1/2 year peak, as financials and real estate shares regained ground. Chinese market too exhibited positive trend in early trade on some deal news.
Shanghai Composite rose 2.17 points or 0.10% to 2,277.84, Jakarta Composite strengthened 44.77 points or 0.87% to 5,166.18, Nikkei 225 surged 165.57 points or 1.14% to 14,649.55 and KOSPI Composite was up by 1.13 points or 0.06% to 1,970.32.
On the flip side, Hang Seng was down by 45.47 points or 0.20% to 22,624.21.
Stock markets in Malaysia and Singapore remained shut for a public holiday.