Asian Markets opened higher on Monday taking cues from Wall Street. Japanese Nikkei stock opened higher ,gaining 3.12 percent up 319.13 points to 10,557.30 as Japanese automakers gained from a weakening yen.Banking and automobile stocks are trading higher,Honda Motor gained more than 3 percent,Toyota Motor gained 2.3 percent.Seoul’s Kospi gained 1.52 percent up 24.07 points to 1,605.05.Hang Seng Index gained 1.97 percent up 398.88 to 20,597.90.Shanghai Composite Index gained 0.13 percent up 3.90 points to 2,964.68.S&P/ASX 200 index of Australian shares gained 2.4 percent.