Asian stocks open in green

Asian stocks opened positive on Wednesday. Samsung Electronics, Asia`s biggest maker of chips, gained almost 1.5% after Intel`s forecast, which followed the close of US trading. Woolworths rose almost 1.5%, leading Australian retail shares higher after a consumer confidence index jumped.

Japanese benchmark index Nikkei 225 fell 26.10 points, or 0.26%, to trade at 10,050.46.

Hong Kong`s Hang Seng index gained 96.97 points, or 0.45%, to trade at 21,564.33.

China`s Shanghai Composite increased 38.97 points, or 1.33% to trade at 2,975.16.

Taiwan`s Taiex index rose 47.31 points, or 0.62%, to trade at 7,643.91.

South Korea`s Kospi index went up 17.04 points, or 1.05% to trade at 1,645.97.

Singapore`s Straits Times advanced 7.15 points, or 0.27%, to trade at 2,675.55. (7.40 a.m., IST)