Four out of five major Asian indices traded in the positive territory today. Japan’s Nikkei rose nearly three and half percent, Korea’s Kospi gained nearly two and half percent, Hong Kong’s Hang Seng advanced more than half percent and Singapore’s Straits Times Index was more than half a percent up. Meanwhile, China’s Shanghai Composite Index declined nearly half a percent. Major European Indices were trading in positive territory. Germany’s DAX gained more than one percent, France’s CAC 40 and London’s FTSE were trading 0.7 percent up, when reports last came in.