Overnight, US indices closed with gains as Dow Jones hit a fresh new all-time high on the back of stronger than expected jobs data. Following that, Asian markets opened in the green led by the Japanese 'Nikkei' which traded higher by 100 points after clocking gains of over 2% yesterday.
The strength in US data coupled with the re-opening of normalcy is seeing the spill-over effect in Asian markets also.
Nikkei trimmed gains to close 0.09% higher. Korean Kospi advanced 0.58%. SGX Nifty was 0.5% higher. Indian Nifty 50 also edged higher. Australian ASX 200 ended 0.27% higher while market in New Zealand ended 0.17% lower. Malaysia and Thailand also advanced while market in Jakarta was lower.
Chinese stocks struggled again, Shanghai Composite sank 0.65% lower and Shenzen Component shed 1.95%. Hong Kong’s Hang Seng was also under pressure.