Asia markets trade higher; Nikkei up 1.6%, ASX up 1.4%

Asia markets opened sharply higher on Wednesday, with most major indexes advancing around than 1 percent each, after encouraging reports on the housing market stateside saw gains in US stocks.


Japan’s Nikkei 225 was up 1.6 percent, with shares receiving additional boost from a relatively weaker yen against the dollar. Across the Korean Strait, the Kospi advanced 0.82 percent.


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Posted in: Indian Market Tips