Asian markets trade higher ahead of US-China trade developments

The Shanghai composite rose 1.1%, Hong Kong's Hang Seng index rose around 0.8%, while the Kospi is trading marginally higher.

Mar 18, 2019 09:03 IST India Infoline News Service

Nikkei
Asian stock markets were trading higher on Monday as investors awaited developments on the US-China trade front and US Federal Reserve policy meeting in focus.

Japan’s Nikkei 225 advanced nearly 1% even after the Ministry of Finance data showed the country's exports fell for a third straight month in February.

The Shanghai Composite rose 1.1%, Hong Kong's Hang Seng index rose around 0.8%, while the Kospi is trading marginally higher.

According to the media reports, Chinese Vice Premier Liu had a telephone conversation with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer last Thursday.

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