Asian Markets Higher Tracking Wall Street Gains; D-Street To Open In The Green? | CNBC TV18

Описание: Asian stock markets traded higher on Friday following overnight gains on Wall Street and ahead of the release of key economic data from China.

China will release August data for its unemployment rate, retail sales, house prices and urban investment.

Japan’s Nikkei 225 rallied 1.06% and the Topix gained 0.98%. South Korea’s Kospi rose 0.65%, while the Kosdaq traded flat.

Hong Kong’s Hang Seng index futures traded higher at 18,171, compared to the HSI’s last close of 18,047.92.

Australia’s S&P/ASX 200 jumped 1.56%.

Meanwhile, Gift Nifty was trading higher at 20,226, as against Nifty futures’ previous close of 20,187, indicating a positive start for the Indian equity indices.

US stock market indices ended higher on Thursday after hotter-than-expected economic data eased recession worries without raising fears of a US Federal Reserve interest rate hike next week.

The S&P 500 ended 0.84% higher at 4,505.17 points, while Nasdaq gained 0.81% to 13,926.05. The Dow Jones Industrial Average closed 0.96% higher at 34,907.51 points.


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