Positive opening for Asian markets

The Asian markets are trading in the green with Jakarta Composite and Seoul Composite being the only indices in the red marginally.

The top gainers among the indices are Shanghai Composite and Hang Seng trading up 1% each. The Hong Kong rallied as the U.S. markets improved Friday on the back of improving jobs data.The upmove was seen mainly due to the gains in the financials and property developing space.

The other major gainer is the Japenese markets with the Nikkei adding 0.7% at 9,778. The gains were mainly due to the strong dollar trade which was at a six-month high against the yen as a weaker yen generally helps exporters.

Straits Times and Taiwan Weighted too have gained 0.6% and 0.2% respectively.