Cautiously upward in Asia

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Cautiously upward in Asia
Photo: AP/TT

Several of the leading indices in Asia are climbing slightly in Wednesday morning trading. Despite good export figures in Japan, developments on the Tokyo Stock Exchange are tentative.

After Tuesday's broad declines, there is some recovery on the Asian stock markets.

By midday, Tokyo's Nikkei 225 had risen about 0.4 percent. The cautious rise came as the country's finance ministry released new export figures for November, which rose 6.1 percent year-on-year. The figures beat analysts' expectations by a wide margin, CNBC reports.

The broader Topix was trading unchanged at the time.

In China, too, the indices are climbing slightly. Shenzhen was up 0.8 percent at lunchtime, while the Shanghai Composite Index was up 0.2 percent. During the day, Chinese chip manufacturer MetaX Integrated Circuits was introduced on the Shanghai Stock Exchange – and surged by several hundred percent, according to CNBC.

Hong Kong's Hang Seng has climbed 0.2 percent, while South Korea's Kospi is up 0.7 percent.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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