Asia-Pacific markets open higher as Wall Street rallies ahead of U.S. election results
Asia-Pacific markets opened higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results.
Japan’s Nikkei 225 opened up 0.7%, while the Topix gained 0.4%.
The Bank of Japan’s monetary policy meeting minutes will be released later in the day, which could give insights on where the members stand on the bank’s policy path.
South Korea’s Kospi was up 0.2% in early trading, while the Kosdaq gained 0.7%.
Hong Kong’s Hang Seng index futures were at 20,962, lower than the HSI’s last close of 21,006.97.
A five-day meeting of China’s National People’s Congress (NPC) will continue on Tuesday, with investors watching for information on additional stimulus and polices aimed at stabilizing the economy.
Australia’s S&P/ASX 200 rose 0.7% higher.
Source : CNBC