Most of the Asian equity benchmarks are trading in the green terrain in Thursday’s morning deals as investors remained hopeful that Washington will conclude the political wrangling and break the US fiscal impasse that has sapped market confidence. Meanwhile, Japanese Nikkei were trading higher by over half a percent as core machine orders in Japan increased a seasonally adjusted 5.4 percent in August compared to the previous month. That beat forecasts for an increase of 2.5 percent following the flat reading in July. On a yearly basis, core machine orders spiked 10.3 percent - also topping expectations for an increase of 8.5 percent following the 6.5 percent jump in the previous month.
Jakarta Composite strengthened 28.41 points or 0.64% to 4,485.85, KLSE Composite rose 5.68 points or 0.32% to 1,774.80, Nikkei 225 surged 101.76 points or 0.72% to 14,139.60, Straits Times added 10.12 points or 0.32% to 3,164.96 and Seoul Composite was up by 0.40 points or 0.02% to 2,003.16.
On the flip side, Shanghai Composite declined 19.57 points or 0.88% to 2,192.20 and Hang Seng was down by 189.46 points or 0.82% to 22,844.51.
Taiwan Weighted remained closed for the trade today.
