New Delhi, September 10 (HS): Global cues remained broadly positive on Wednesday, with Asian indices trading higher after a firm close on Wall Street. While European markets ended mixed in the previous session, and Dow Jones futures were slightly weaker, the overall tone across Asia was upbeat.
In the US, Wall Street benchmarks extended their gains for the second consecutive session. The S&P 500 rose 0.27 percent to close at 6,512.61, while the Nasdaq added 0.37 percent to settle at 21,879.49. However, Dow Jones futures slipped marginally by 0.07 percent, trading at 45,680.12.
European markets saw mixed performances as the FTSE gained 0.23 percent to 9,242.53 and the CAC climbed 0.19 percent to 7,749.39. In contrast, the DAX fell 0.37 percent to 23,718.45.
Asian markets displayed strong momentum, with eight out of nine indices trading in the green. The only laggard was the SET Composite Index, which dipped 0.09 percent to 1,274.91.
Among the leading Asian bourses, Japan’s Nikkei surged 312.71 points, or 0.72 percent, to 43,772, while South Korea’s Kospi posted strong gains of 1.53 percent at 3,310.79. Taiwan’s Weighted Index advanced 355.76 points, or 1.41 percent, to 25,210.94. Hong Kong’s Hang Seng jumped 344.87 points, or 1.33 percent, to 26,283.
Other markets were also in positive territory, with Singapore’s Straits Times Index up 1.10 percent at 4,345, Indonesia’s Jakarta Composite Index gaining 0.77 percent at 7,687.10, and Shanghai Composite edging 0.17 percent higher at 3,813.78.
Meanwhile, India’s GIFT Nifty was trading firm at 25,063, higher by 99.50 points or 0.40 percent, indicating a positive start for domestic equities.
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Hindusthan Samachar / Jun Sarkar