Sunday 28 January 2018

Asian Markets Update-Sai Proficient

Asian shares traded higher early on Monday following significant gains stateside in the last session, which saw major US indexes touch record highs.

Japan’s Nikkei 225 rose 0.43 percent as most large caps advanced. Toyota was higher by 0.04 percent, with most other automakers recording slight gains. Manufacturing company Fanuc rose 2.52 percent and Fast Retailing gained 0.63 percent. SoftBank traded flat in the early going.


South Korea’s benchmark Kospi index climbed 1.05 percent, driven by solid gains in the technology sector. Samsung Electronics jumped 1.22 percent ahead of the announcement of its fourth-quarter results due later this week. Rival chipmaker SK Hynix gained 1.46 percent.

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