Stocks in Asia jumped in Wednesday morning trade, with optimism over the reopening of economies as authorities ease coronavirus-induced lockdown measures continuing to keep investor sentiment afloat.
Japan’s Nikkei 225 led gains among the region’s major markets, jumping 2.05% in early trade as shares of index heavyweight Fast Retailing surged 3.63%. The Topix index also added 1.39%.
Over in South Korea, the Kospi gained 1.37% as shares of automaker Hyundai Motor soared about 4%
Shares in Australia also edged higher, with the S&P/ASX 200 up 0.76%.
Overall, the MSCI Asia ex-Japan index traded 0.49% higher.
Developments surrounding the reopening of economies likely continued to be monitored by investors on Wednesday.
Source : CNBC