Japan's Nikkei 225 was up 1.8%, with shares receiving an additional boost from a relatively weaker yen against the dollar.
Asian markets are trading higher on Wednedsay.
Japan's Nikkei 225 was up 1.8%, with shares receiving an additional boost from a relatively weaker yen against the dollar. Shanghai composite up by 0.25%. Oil prices advanced on Wednesday, with global benchmark Brent futures up 1.15% to $49.17.
South Korea’s Kospi index is at 1,960.17 points (up 1.15%) and Indonesia’s Jakarta Composite is at 4,744.81points (up 0.72%).
Taiwan’s Taiex at 8,390.74 points (up 1%), Singapore’s Straits Times at 2,779.03 points (up 1%), Hong Kong’s Hang Seng at 20,325.61 points (up 2.4%), Thailand’s SET Composite at 1,392.78points (up 0.61%) and Singapore Nifty at 7,829 points (up 0.94%).
Growth seems to be picking up in US. At least data suggests that new single-family home sales in the US rose in April and prices hit a record high. US stocks ended higher after a rally in financial and technology shares. The Dow Jones Industrial Average rallied 1.2%, while S&P 500 Index jumped 28.02 points to 2,076.06. The Nasdaq Composite Index surged 95.27 points to 4,861.06.
Asian markets are trading higher on Wednedsay.Japan's Nikkei 225 was up 1.8%, with shares receiving an additional boost from a relatively weaker yen against the dollar. Shanghai composite up by 0.25%. Oil prices advanced on Wednesday, with global benchmark Brent futures up 1.15% to $49.17.
South Korea’s Kospi index is at 1,960.17 points (up 1.15%) and Indonesia’s Jakarta Composite is at 4,744.81points (up 0.72%).
Taiwan’s Taiex at 8,390.74 points (up 1%), Singapore’s Straits Times at 2,779.03 points (up 1%), Hong Kong’s Hang Seng at 20,325.61 points (up 2.4%), Thailand’s SET Composite at 1,392.78points (up 0.61%) and Singapore Nifty at 7,829 points (up 0.94%).
Growth seems to be picking up in US. At least data suggests that new single-family home sales in the US rose in April and prices hit a record high. US stocks ended higher after a rally in financial and technology shares. The Dow Jones Industrial Average rallied 1.2%, while S&P 500 Index jumped 28.02 points to 2,076.06. The Nasdaq Composite Index surged 95.27 points to 4,861.06.
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