Asian markets traded mostly higher on Thursday, with the Japanese benchmark Nikkei 225 continuing its upward momentum after reaching its highest point since 1989. Additionally, investors were evaluating Japan's latest business activity report for February.
Japan's Nikkei 225 soared 2.19% or 816 points, to close at 39,098.68, surpassing its record close of 38,915.87 on December 29, 1989. Australia's S&P/ASX 200 closed flat.
In mainland China, the Shanghai Composite gained 0.73% at 6:54 am CET while the Shenzhen Composite rose 0.31% a minute later. Hong Kong's Hang Seng was 0.55% higher at 7:08 am CET while South Korea's Kospi increased 0.38%.
The dollar traded 0.06% higher compared to the yen selling for 150.28800 at 7:09 am CET.