Asian markets higher as investors keep eye on U.S. midterm elections

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Asian stock markets were largely higher in early trading Wednesday after an up-and-down morning as U.S. midterm election results came in. Dow Jones Industrial Average futures














YMZ8, +0.16%












  rose as it appeared likely Democrats would control the House while Republicans extended gains in the Senate.

Amid thin trading volumes, Japanese stocks yo-yoed as U.S. election results arrived. After briefly turning lower, the Nikkei














NIK, +1.23%












 was last up 1.2%. After sliding early to ¥112.95, the U.S. dollar was above ¥113.40. Toyota














7203, +2.28%












 rose more than 2% while Nintendo














7974, +2.97%












  jumped about 3%.

Hong Kong stocks showed little movement, with the Hang Seng Index














HSI, +0.61%












  — which has risen four of the past five sessions — up 0.1%. Sunny Optical














2382, -0.79%












  was down a further 2.2%, extending yesterday’s slide for the smartphone lens maker while financials generally started with gains. Geely Automotive














0175, -4.69%












 shares sank after reporting it was unlikely to meet its 2018 sales targets.

Chinese stocks were muted as well, with both the Shanghai














SHCOMP, +0.01%












  and Shenzhen Composite














399106, +0.33%












  indexes about flat.

South Korea’s Kospi














SEU, +0.21%












  showed moderate gains, with Samsung














005930, +0.34%












  up slightly following reports it would soon unveil a foldable smartphone. Benchmark indexes in Taiwan and Singapore rose as well.

Australia’s ASX 200














XJO, +0.01%












 was about flat, along with New Zealand’s benchmark














NZ50GR, +0.04%












 .

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Source : MTV