Asian markets trade in green in early deals on Friday
Nikkei surged by 1,118.68 points or 2.00% to 57,014.00
Asian markets traded in green in early deals on Friday, boosted by the risk appetite in the market with the optimism over a fragile ceasefire between the US and Iran. Investors are cautiously waiting for the upcoming US-Iran negotiations in Islamabad this weekend. Rally in global technology and artificial intelligence stocks kindled the indices. Japan’s Nikkei soared in the session and is on track to register a weekly gain of roughly 7% with the positive global cues and on rise in export gains with the weaker local currency yen.
Nikkei surged by 1,118.68 points or 2.00% to 57,014.00, Straits Times up by 7.50 points or 0.15% to 4,984.58, Hang Seng jumped by 199.60 points 0.78% to 25,952.00, Taiwan weighted lifted by 474.22 points or 1.36% to 35,335.38, KOSPI Index whetted by 96.53 points or 1.67% to 5,874.54, Shanghai Composite rose by 22.89 points or 0.58% to 3,989.06, Jakarta Composite soared by 147.87 points or 1.98% to 7,455.46, and FTSE Bursa Malaysia KLCI index rose by 2.49 points or 0.15% to 1,688.73 .
