India, Sept. 30 -- Asian stock markets closed on a mostly positive note on Wednesday as the likelihood of a Fed rate hike diminished significantly. Easing bond yields as well as momentum among tech stocks also bolstered sentiment.
However, lingering anxiety ahead of updates to inflation and labor market due from the U.S. on Wednesday morning limited gains.
China's Shanghai Composite Index rose 0.3 percent from the previous close of 3,830.45 to finish trading at 3,842.19. The day's trading ranged between $3,833.09 and $3,851.22. At current levels, the index has lost more than 1 percent over the course of the past year.
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