© Embe2006 stock market
© Embe2006

CNBC reports:

Shares in the Asia-Pacific traded higher on Wednesday after U.S. stocks rallied for a second day.

Hong Kong’s Hang Seng index surged 5.47% on its return to trade after a holiday Tuesday. The Hang Seng Tech index soared 7.4% higher.

The Nikkei 225 in Japan rose 0.45%, pushing above the 27,000 level, while the Topix added 0.37%.

In South Korea, the Kospi was up 0.15% and the Kosdaq gave up early gains to fall 1.5%. Australia’s S&P/ASX 200 was up 1.72%. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 2.37%.

On the economic front, inflation in South Korea slowed slightly in September, according to official data released Wednesday.

Mainland China markets remain closed for the Golden Week holiday, and India’s stock market is also shut for a holiday…

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