Most of the Asian equity benchmarks are trading with traction in the early deals on Thursday, with investors picking up stocks amid renewed optimism about the global economy on back of recent encouraging data from the US, Europe and parts of Asia. Meanwhile, Japanese Nikkei edged higher by three forth of a percent, with the yen’s continued weakness triggering some strong buying in exporters. However, with some of the markets in the region remaining shut for Christmas holidays, buying interest is somewhat subdued in most of the markets where trading is currently underway.
KLSE Composite rose 4.32 points or 0.24% to 1,839.81, Nikkei 225 strengthened 126.00 points or 0.79% to 16,135.99, Straits Times increased 8.08 points or 0.26% to 3,135.37, Seoul Composite added 2.86 points or 0.14% to 2,004.45 and Taiwan Weighted was up by 12.39 points or 0.15% to 8,480.15.
On the flip side, Shanghai Composite was down by 23.83 points or 1.13% to 2,082.53.
Hong Kong and Indonesian markets remained shut for the trade today for Christmas Holidays.
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