Most Asian indices end on a higher note ahead of inflation data in US

Most benchmark indices in Asia ended higher tracking positive overnight cues from US equities and ahead of a crucial inflation data in the US.

Asian equities had seen sharp sell-off last week on concerns of a resurgence in global inflation, which may result in tightening of monetary policies by global central banks.

Japan's Nikkei 225 index ended lower on appreciation of the yen against the US dollar, which hurt shares of export-oriented companies on the exchange.

Hong Kong's Hang Seng ended the day up 2.27% at 30,515.60, while South Korea's Kospi ended at 2,421.83, up 1.11%, China's Shanghai Composite at 31,55.02, up 0.80%, and Taiwan's Taiex ended the day up 0.48% at 10,421.09.

On the other hand, Singapore's Straits Times edned the day down marginally at 3,405.15, while Japan's Nikkei 225 was down 0.43% at 21,154.17.


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