2024-04-28 10:18:31
Japan, South Korea and China markets open - Democratic Voice USA
Japan, South Korea and China markets open

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024.

Bloomberg | Bloomberg | Getty Images

Japan stocks bounced Friday, while most markets in the Asia-Pacific region stay shut for a public holiday.

Japan’s Nikkei 225 index gained 0.53%, after falling about 1.5% in the previous session. The broader Topix rose 0.67% following declines of 1.7%.

The Japanese yen will be closely watched during the session amid speculation of a possible intervention after the currency recently hit 34-year lows against the U.S. dollar at 151.97. It last traded at 151.45 against the greenback.

South Korea’s Kospi fell 0.2% moments after opening for trade, while the smaller-cap Kosdaq shed 0.45%.

Markets mainland China will be open for trading. Hong Kong, Singapore, India, Australia and New Zealand were among the major Asia-Pacific markets shut for the Good Friday holiday.

On Wall Street, the benchmark S&P 500 index clocked its best first-quarter performance in five years.

The index ended Thursday 0.11% higher, while the Dow Jones Industrial Average added 0.12%. Both indexes closed at record highs. The Nasdaq Composite slipped 0.12%.

— CNBC’s Lisa Kailai Han and Pia Singh contributed to this report.

Source link: https://www.cnbc.com/2024/03/29/asia-markets-live-japan-south-korea-china.html

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