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Asian shares were trading firm on Wednesday led by rising commodity prices which boosted energy and resource stocks, as investors largely shrugged off slightly stronger-than-expected inflation data from China.
Japan’s Nikkei 225 gained 37.48 points or 0.38 per cent to 9,856.24. Hong Kong’s Hang Seng rose 69.21 points or 0.3 per cent to 23,405.21. Singapore’s Straits Times was up 14.35 points or 0.45 per cent at 3,170.61. South Korea’s Kospi climbed 20.25 points or 0.95 per cent to 2,159.42.
Australia’s S&P/Asx 200 jumped 43.7 points or 0.92 per cent to 4,769.50. China’s Shanghai Composite was up 3.64 points or 0.13 per cent at 2,894.33. Taiwan’s Taiex was up 12.61 points or 0.14 per cent at 9,035.89.
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