DHAKA: Most Asian markets are off to a positive start on Thursday, tracking gains from Wall Street.
South Korea’s Kospi index opened up 5 points, or 0.27%, to 1,976.68. Samsung shares are trading much higher, up by nearly 2%.
The company said it is expecting a 10% jump in operating profit for the first quarter period.
Over in Australia the benchmark S&P/ASX 200 was 0.4% higher in early trading, at 4,967.89, reports the BBC.
Meanwhile, in Japan the benchmark Nikkei 225 is higher by 118 points, or 0.75%, at 15,830.40. This is a reversal from seven straight days of declines.
It’s a different picture in Hong Kong and China, where both markets are trading in the red.
China’s Shanghai Composite is down by 1%, or 33.5 points, at 3,017.22.
Over In Hong Kong, the Hang Seng is lower by 36 points at 20,167.72. But there are bigger falls for shares of ZTE which are listed in Hong Kong. They have fallen by 14% at the start of trade.
Trading in shares of the Chinese telecom equipment maker have resumed for the first time since last month. That was when the US Commerce Department imposed export restrictions on the firm, for allegedly violating US export controls against Iran.
BDST: 1240 HRS, APR 07, 2016
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