Asia-Pacific markets traded higher Wednesday, tracking Wall Street gains on expectations that U.S. President Donald Trump’s tariffs could be softer than expected earlier.
Australia’s S&P/ASX 200 rose 0.71% to close at 7,999.
Japan’s Nikkei 225 climbed 0.65% to close at 38,027.29 while the Topix added 0.55% to close at 2,812.89. South Korea’s Kospi climbed 1.08% to end the trading day at 2,643.94 while the small-cap Kosdaq traded 0.73% higher to close at 716.48.
Thailand’s SET Index rose 0.62% after Prime Minister Paetongtarn Shinawatra survived a no-confidence vote earlier in the day.
Hong Kong’s Hang Seng Index rose 0.60% to close at 23,483.32 while mainland China’s CSI 300 slipped 0.33% to close at 3,919.36. The Hang Seng Tech index, which tracks the 30 largest technology companies listed in Hong Kong is 0.61% higher as it dances around the brink of correction.
