The major Asian stock markets were generally up in Wednesday trading after the recovery in the stock markets in the US and Europe. The panic after the British decision to leave the EU has begun to moderate although the uncertainty surrounding the UK’s and the EU’s future relationship remains.
The Tokyo Stock Exchange’s Nikkei 225 index rose 1.6 percent, while the broader Topix index went up 1.9 percent.
A meeting between Prime Minister Shinzo Abe, Finance Minister Taro Aso and Japanese central bank chief Haruhiko Kuroda, to discuss how the effect of brexit be handled, was well received by investors.
the Taiwan Stock Exchange Weighted index and Seoulbörsens Kospi index rose two 1 percent.
the Shanghai Stock Exchange composite index and Hong Kong Stock Exchange Hang Seng index was in the closing trading at a rise of 0.6 percent each.