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Asian markets trade higher in early deals on Friday
Mar-15-2019

Asian markets are trading higher in early deals on Friday as Donald Trump struck an upbeat note on trade talks with China, while the pound held steady after British MPs voted to delay Brexit. While there remain some concerns about the global outlook, investors confidence have been supported by ongoing optimism that the world's two biggest economies will eventually hammer out a deal to end their long-running trade row. Meanwhile, the Bank of Japan kept its monetary policy steady in a widely expected move. The short-term interest rate will remain at minus 0.1 percent. The central bank said it will purchase Japanese government bonds so that the 10-year JGB yields will remain at around zero percent.

Nikkei 225 rose 226.60 points or 1.06% to  21,513.62, Hang Seng up 272.79 points or 0.95% to 29,124.18, Straits Times climped 8.05 points or 0.25% to 3,205.97, Taiwan Weighted improve 70.37 points or 0.68% to 10,419.02, Shanghai Composite higher by 46.07 points or 1.54% to 3,036.76, KOSPI Shares increased 16.27 points or 0.75% to 2,171.95, Jakarta Composite rise 38.63 points or 0.60% to 6,451.90, and FTSE Bursa Malaysia KLCI up by 3.17 points or 0.19% to 1,677.69.

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