www.varchev.com

Asia stocks higher amid trade developments

Stocks in Asia mostly traded higher Thursday afternoon as investors digest recent developments on U.S.-China trade.

In Japan, the Nikkei 225 gained 0.7% in afternoon trade as shares of index heavyweight and robot maker Fanuc jumped more than 2%. The Topix index added 0.41%.

Mainland Chinese stocks edged higher by the afternoon, with the Shanghai composite up 0.32% and the Shenzhen component gaining 0.62%. The Shenzhen composite added 0.635%. Hong Kong’s Hang Seng index gained 0.33%.

Meanwhile, shares in Australia also advanced after leading losses among regional markets on Wednesday, with the S&P/ASX 200 gaining 1.06%.

Data from the Australian Bureau of Statistics released Thursday showed retail sales in the country were largely flat from the previous month on a seasonally adjusted basis. That was below expectations for a 0.3% increase from a Reuters poll.



Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance