Asian markets trade higher in early deals on Wednesday

Asian equity benchmarks are trading up in the early deals on Wednesday, as a sharp rebound in oil prices supported battered resource shares and emerging economy currencies. Meanwhile, the Japanese market swung between gains and losses as investors awaited the outcome of the Bank of Japan's monetary policy decision due later in the day. The markets in china will remain closed for the National Day holiday until Thursday.

Nikkei 225 added 2.48 points or 0.01% to 18,188.58, Hang Seng strengthen 240.18 points or 1.10% to 22,071.80, KOSPI Index surged 12.04 points or 0.60% to 2,002.69, FTSE Bursa Malaysia KLCI jumped 7.16 points or 0.43% to 1,669.67, Taiwan Weighted increased 80.17 points or 0.96% to 8,474.27, Jakarta Composite gained 17.34 points or 0.39% to 4,463.13 and Straits Times was up by 25.91 points or 0.89% to 2,923.32.