Major Asian stocks traded in positive territory today following rate-cut decisions made in China and Japan. China’s Shanghai Composite Index increased nearly half a per cent and Singapore’s Straits Times Index, as well as South Korea’s Kospi, advanced over 0.3 per cent. However, Hong Kong’s Hang Seng Index ended marginally low. Meanwhile, Japan’s Nikkei was closed on account of a holiday.

Major European Indices displayed mixed trends. France’s CAC 40 shed 0.2 per cent and London’s FTSE fell 0.1 per cent. Conversely, Germany’s DAX was trading more than half per cent up, when reports last came in.