Asian markets open higher

The Asian markets are trading in the green except Nikkei on the last trading day of the year.

Hong Kong shares rose modestly in thin trading, with property developers leading the advance amid expectations for a strong rally in global equities early next year. The market is only open for the morning session on the last trading day of the year. The Hang Seng Index is up 0.3% at 23,079.

Shanghai Composite, Taiwan Weighted, Seoul Composite  has gained 0.8%- 0.3%. However, Jakarta Composite and Straits Times are trading flat in the morning trades.

The indices in the negative on the last day of 2010 are Nikkei which is down 1%.