2017.02.2006:03:00UTC+00Asian Markets Mostly Higher as Trump Policies Eyed

Asian stocks closed mostly higher as investors await for more details from U.S. President Donald Trump regarding his economic policies, which include tax reforms.

Japan's Nikkei 225 ended almost flat at 19,251.08, climbing from an earlier loss of almost 0.6 percent as the yen weakened versus the dollar to trade at 113.12. Sony dropped 1.10 percent, Honda shed 0.33 percent while Canon fell 0.30 percent. Toyota bucked the trend by climbing 0.50 percent. Shares of SoftBank gained 3.18 percent following a report which stated that the firm is willing to give up control of Sprint to T-Mobile U.S. South Korea's Kospi was up 0.18 percent to 2,084.39. Shares of Samsung Electronics gained 2.11 percent at 1,933,000 Korean won.

Mainland Chinese shares were in positive territory. The Shanghai composite climbed 1.23 percent to 3,241.45 and the Shenzhen composite advanced 0.89 percent to 1,962.52. Hong Kong's Hang Seng index gained 0.61 percent in late afternoon trade. Australia's ASX 200 fell 0.18 percent to 5,795.09 as most sectors were trading lower.

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