Most of the Asian equity markets are trading in the green terrain in early deals on Monday tracking firm cues from Wall Street where the major indices ended higher on Friday on the back of some upbeat earnings reports. Meanwhile, Japanese stock market was trading with traction in morning deals after Bank of Japan’s Governor Haruhiko Kuroda maintained an upbeat assessment of the economy, saying it is recovering moderately and will continue to do so. Moreover, exports rose 11.5 percent in September from a year earlier, less than a median market forecast for a 15.6 percent increase and slower than a 14.6 percent growth in August.
Shanghai Composite surged 24.77 points or 1.13% to 2,218.55, Hang Seng strengthened 136.88 points or 0.59% to 23,476.98, Jakarta Composite rose 16.76 points or 0.37% to 4,563.33, Nikkei 225 added 68.38 points or 0.47% to 14,629.92 and Straits Times was up by 2.48 points or 0.08% to 3,195.38.
On the flip side, KLSE Composite slipped 0.07 points to 1,799.52, Seoul Composite dipped 3.21 points or 0.16% to 2,049.19 and Taiwan Weighted was down by 25.64 points or 0.30% to 8,415.55.
