Asian stock markets were trading higher on Wednesday taking cues from Wall Street gains.Japanese Nikkei stock trading higher ,gaining 0.64 percent up 67.20 points to 10564.56.Seoul’s Kospi gained 0.17 percent up 2.79 points to 1,604.17.Hang Seng Index down 0.05 percent down 10.69 to 20,424.60.Shanghai Composite Index gained 0.56 percent up 16.22 points to 2,932.02.S&P/ASX 200 index of Australian shares gained 0.7 percent.Exporters stocks were trading higher,Toyota Motor up 2.0 percent, Honda Motor up 1.0percent and Toshiba gained 2.1 percent.Crude oil futures contract was down 7 cents at $71.98 per barrel.