Asian markets trade higher; Nikkei 225 up 2%

The Shanghai composite jumped 1.3%, Hong Kong’s Hang Seng index traded up 1.4%, the Nikkei 225 was up 1.88%, while South Korea’s Kospi was also higher by 0.76%.

Mar 12, 2019 02:03 IST India Infoline News Service

Stock Market
Asian stock markets were trading higher on Tuesday after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement.  Sterling has gained ahead of the talks between May and Juncker, extended gains in hopes the changes may be enough to sway rebellious British lawmakers who have threatened to vote down May's plan again on Tuesday.

The Shanghai Composite jumped 1.3%, Hong Kong’s Hang Seng index traded up 1.4%, the Nikkei 225 was up 1.88%, while South Korea’s Kospi was also higher by 0.76%.

European markets closed in the green on Monday. The FTSE 100 increased 26 points to 7,131, the DAX 30 gained 86 points to 11,543 and the CAC 40 advanced 35 points to 5,266.

The Dow rose by over 200 points at 25,651, the Nasdaq rose by 150 points at 7558, the S&P 500 rose by over 40 points at 2,783.

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